RiskFirst has taken its PFaroe product and expanded it to include an attribution service for asset managers. In an interview with Wealth Adviser, Matthew Bale, Chief Strategy Officer, RiskFirst explains how disparate systems used by different stakeholders can create significant challenges, including with respect to reconciliation.
Bales says: “We are creating one unified platform that can be used by the end client and manager, bringing the asset owner and the fund manager together through technology.”
To read the full article, please click here (please note, subscription to Wealth Adviser required).
In an interview with Spanish newspaper Cinco Días, Jesús Sáez, Natixis’s head of debt capital markets in Spain and Portugal, confirmed that the political sphere, including the recently held Spanish government elections, will not negatively impact the valuation of investors on sovereign debt.
Speaking to the newspaper about the impact of Spain’s debt on investor interest, Sáez says: “The Spanish debt, at present, is not the focus of concern for investors – they will not penalize it,” adding that there has been some movement among bond issuers back to Spain recently, “perhaps triggered by the desire of some issuers to carry out emissions under Spanish and non-British law because of Brexit.”
The full article can be found here.
ExWorks Capital has signed a deal to provide £7.5 million in pure working capital to events logistics specialist, ES Global Ltd, to support its contracts for the 2020 Tokyo Olympic Games.
While the company has various deals in place to finance the £68 million project, ExWorks was able to step in to bridge the gaps between ES Global’s project delivery and payment by its client.
Following outreach by Moorgate, the news was covered by: Business Money, Event Industry News, The Asset, Global Banking and Financing Review, Trade Finance Analytics and World Event News.
Targeted longer-term refinancing operations (TLTROs) remain a more attractive option than refinancing on wholesale markets for Italian banks, even in the case of tighter restrictions being implemented by the European Central Bank, according to simulations carried out by Natixis.
Dirk Schumacher, who leads the European team of macro research at Natixis, commented on the topic in an article by Italian publication Il Sole 24 Ore.
“The concurrent facts, that the amount that will come to maturity and will need to be refinanced is huge and that the cost of funding on the wholesale markets is significantly higher, will end up making the new TLTRO attractive for Italian banks”, confirms Schumacher.
The full article can be found here.
RiskFirst has hired Amanda Flemming into a new role, as US Client Delivery Manager, centered upon client success. Amanda will focus on ensuring clients gain maximum value from PFaroe – RiskFirst’s market-leading asset, liability and risk management technology platform.
Matthew Seymour, CEO of RiskFirst, says: “As our business continues to grow strongly in the USA we are eager to further improve the excellent service that our clients have always experienced. Amanda will work closely with clients to understand and help grow their businesses by integrating PFaroe’s unrivalled capabilities, adding real value to their businesses.”
Following outreach by Moorgate, the news was covered by the following publications: Chief Investment Officer, PlanSponsor, PlanAdviser, Global Banking & Finance Review, Fintech Finance, Fintech Insight and Finextra.
The speed of technological change in transaction banking is building pace, with a multitude of new innovations coming to the fore that are tipped to transform existing processes.
But while these emerging technologies are generating growing interest in the industry, how could they impact existing processes and what are the practical challenges and benefits of implementing them for banks?
In an article for the Journal of Payments Strategy and Systems, Christopher Mager, Managing Director of Global Innovation, Treasury Services, BNY Mellon, examines some of these new technologies, and how they could be harnessed by banks to deliver enhanced transaction experiences for clients.
To view the full article, please click here (subscription required).
Insurance Business UK has published an interview with BPL Global’s Evan Freely, in which the newly-appointed Director discusses the crucial part that brokers play for their clients during economic downturns.
“There’s no complete substitute I think for being in the trenches with your clients through these crises. You learn something new through every political risk event,” said Freely.
When asked about his objectives for his new role at BPL Global, Freely answered: “penetrating new geographies, potentially new products and talent” and “getting back in front of clients on a more regular basis.”
Read the full piece here.
Transaction banking is undergoing a period of change like never seen before. Banks are embracing the new digital landscape, with many exploring how new capabilities can be applied to bring added value to clients. However, with innovative technologies emerging at an accelerating pace, the challenge is determining which ones can solve a real problem and have the credentials to be truly transformative.
With an array of new technologies coming to the fore, in an article for Finance Digest, Christopher Mager, Managing Director of Global Innovation, Treasury Services, BNY Mellon, examines their potential, and asks “are they truly game changers?”
To read the full article, please click here and turn to page 79.
Evan Freely has been appointed to the Executive Board of BPL Global, after 11 years as Managing Director and Global Practice Leader for Marsh’s Credit Specialties Group.
Charles Berry, Chairman of BPL Global, comments: “Evan’s appointment, together with our new presence in New York, confirms our ambition and ability to provide a seamless global service to our clients across the Americas, EMEA and Asia.”
Following outreach by Moorgate, news of Evan’s appointment was covered by Global Trade Review, TXF, Insurance Business America, Insurance Business UK, Credit Insurance News Digest and Insurance Day.
In an interview for Air Finance Journal, Natixis’ Global Head of Aviation, Gareth John, discusses the state of the ABS market and Natixis’ strategy for aviation investment.
Gareth explains that Natixis is looking to become more of a “strategic partner” and less of a “transactional lender” to its clients. What’s more, on the ABS side, the bank is looking to dedicate more resources to support a higher level of securitisation deal flow.
Read the full article in the March / April edition of Air Finance Journal.