The plans are revealed two months after KAS Bank launched its cost transparency dashboard for defined-benefit pension schemes, intended to address the rising costs of regulatory scrutiny
The Helsinki-based MuniFin is “successfully utilising” the platform to manage deal capture, pricing, middle office, reporting, collateral management, back office and risk management processes
The first group of users are currently testing the platform’s connectivity, as it prepares for a “real-time payments ramp-up in Europe”, with banks including BBVA, CaxiaBank and UniCredit, a company statement said
Patrick Hilt has been named as senior vice president for technology, while Lauri Paal will take on the role of chief product officer
The report, which discussed how APIs affect the financial services industry, SGSS said it is imperative that each financial institution builds an API Framework
The programme plans to build a “balanced ecosystem”, responsible for aligning responsibilities and benefits related to economics and governance, bringing “greater choice and transparency” to the market
Holger Schlünzen, an exchange-traded funds analyst, Axel von Goldbeck, a real estate and regulatory expert, and Wolfgang Ritcher, a legal and currency specialist, have joined the team
Saxo Bank Japan will use the system to improve efficiency in post-trade reporting processes
