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Margaret Harwood Jones , Standard Chartered Standard Chartered As a client-centric bank, “we are continuously investing in developing our payments channel and foreignexchange solutions to meet the rapidly changing business environment our clients are operating in,” says Mahesh Kini, global head of CashManagement at Standard Chartered.
The portion of treasury officials prioritizing digitization has nearly doubled since the fourth quarter of 2018 to 22 percent, the report revealed. ” In areas like foreignexchangemanagement, trade, and cashmanagement, working with FinTech third-party providers will be an important part of the digitization journey.
The Corda platform prioritizes privacy, security and interoperability; and it has supported many other DLT projects, including Progmat’s recent tokenized bond project in Japan. This low-risk cashmanagement solution offers risk-adjusted returns in US dollars.
As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Cashmanagement becomes a continuous process, throughout the business day. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. on Friday, he said.
Some feel it defies logic for them to depend on foreign banks to offer services such as foreignexchange, treasury, cashmanagement, and payment offerings. The bank has prioritized digitalization in its growth strategy. A conservative approach to risk management saw the bank post $164.3
In wealth management, the bank has expanded its franchise through its stake in a Swiss asset manager, and has initiated expansion to markets in Bahrain, Palestine, Qatar, and the UAE. Improved features include greater cashmanagement functionality. NBK upgraded its corporate online banking platform for commercial clients.
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