Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
A letter of credit has been issued on the Voltron blockchain platform to facilitate trade of an “oil product” between a Thai supplier and its Singaporean subsidiary. CT takes a look at Voltron’s progress so far.
Digitisation has the power to improve processes, increase visibility and enhance a treasurer’s influence within a company, according to new ground-breaking research.
In exclusive partnership with East & Partners Asia, CT earmarks what treasurers care about in a trade bank. Clearly most prefer to use electronic-based trade documentation where possible.
Swift and the Thai government will speed up transactions and make it easier for the country to connect to its ASEAN neighbours by implementing the newest bank messaging standards.