Cross-border payments are growing thanks to a mix of online businesses, borderless commerce, and global trade improvement.
It is no secret that there are issues within the cross-border payments industry. Up until recent years, the whole system was left in its…
A recent report published by P20, contains specific best practice actions to move towards borderless payments and says that this can only….
It is widely acknowledged by both industry regulators and market participants that the netting of FX transactions reduces settlement risk and allows intraday funding to be managed more precisely. Yet the percentage of netted transactions is still surprisingly low. What are the operational challenges to the netting process and….
The post-trade industry is transforming, and its evolution will be critical for accelerating the way the world moves value. Yet financial institutions face myriad challenges, including growing competition, new regulations and evolving customer
expectations. Industry collaboration to connect ecosystems, set best practices..
How SWIFT gpi allows FX players to monitor and manage settlement transactions At the end of 2020 we commissioned an e-Forex magazine supplement on FX settlement risk. Our objective was to bring together some of the leading industry experts to dissect the problem, examine what solutions exist today and see what could be done in […]
Why is Open Banking becoming so popular around the world and what key advantages does it have? The Open Banking idea presents advantages for 3 key stakeholders within the financial ecosystem: Customers – more choices and better banking experience. According to the Millennial Disruption Index, 71 per cent of young people would rather go to the […]
By Arjun Jayaram, CEO and Founder of Baton Systems
With over $18 trillion settled globally each day, it has never been more important for our community to find innovative ways to reduce settlement risk. There’s no doubt that the growing amount of FX settlement risk represents a complex and significant challenge for the entire financial industry. With over $18 trillion settled every day1 from a […]
