More NewsC&W’s Real Time Nostro to Receive Data from Bank of America

C&W’s Real Time Nostro to Receive Data from Bank of America

Bank of America is to adopt Cable & Wireless Real Time Nostro (RTN) as a new platform for the provision of intra day nostro account information to its financial sector clients. This brings the number of leading financial institutions who have agreed to provide data to RTN to 11. Bank of America will be providing data on its US dollar accounts and all other major currencies served by its international branch network. The bank will use Cable & Wireless RTN to expand the delivery of account information to its institutional clients worldwide who subscribe to the service. Karen Healy, senior vice president, head of FI/FX product management, Global Treasury Services, Bank of America, said: “We recognise our clients’ growing need for efficient delivery channels, providing real time information and improving the reconciliation process. We want to expand our existing suite of real time information streams and are pleased to join with Cable & Wireless in this exciting initiative.”

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha