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Intercompany netting has been a part of the accelerated treasury digitisation story in the wake of Covid-19. GTreasury’s Renaat Ver Eecke spoke with CT about why the time was ripe to acquire Coprocess.
Today: GTreasury to offer fully-integrated netting technology; digital payments firm expands in South-east Asia; and trade finance provider adds fraud prevention offering.
Samsung has introduced renminbi into its multi-currency payment netting portfolio with the help of Citi.
To develop its financial markets, Malaysia has enforced close-out netting on large of financial transactions, benefiting corporates.
Malaysia has officially enforced the netting mechanism for a wide range of financial instruments typically traded in its financial market.
CT's Working Capital Chronicle has been updated with new cross-border China cash management solutions from Freescale/JP Morgan, Keppel/Standard Chartered, and a commodities trading firm with HSBC.