Global Finance

OCTOBER 23, 2024

The use of AI in finance has been a hot topic at this year’s Sibos conference, as banks consider how AI can transform the way financial services are delivered and consumed, and, more urgently, how its data is managed. The use of Large Language Models (LLMs) to increase efficiency, improve customer service, and enhance decision-making has been part of the conversation since the launch of ChatGPT by OpenAI in November 2022.

Banking 111

Banking Prioritization Compliance Finance 111

CFO Dive

OCTOBER 23, 2024

Bob Baker brings more than three decades of restaurant industry experience to his new position, having held finance chief roles at Checkers & Rally, Benihana, Pieology Pizzeria, and Café Rio Mexican Grill.

Restructuring 284

Restructuring CFO Finance 284

Global Finance

OCTOBER 23, 2024

J.P. Morgan has just announced a new global clearing offering, Wire365, that supports the complete range of global US dollar wire products and operates 24/7, seven days a week. “Although our clearing systems, like the [US Federal Reserve’s Fedwire], don’t currently operate 24/7 when they do, we will be ready,” says Gayathri Vasudev, global head of cross-border payments at J.P.

Banking 107

Banking Finance Investments Numbers 107

CFO Dive

OCTOBER 23, 2024

CFOs leading companies active in the U.S. and Europe face a “fluid picture” when attempting to meet regulations for sustainability reporting, EY said.

Finance 295

Finance 295

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Investments

Global Finance

OCTOBER 23, 2024

HSBC announced at Sibos on Wednesday that it is expanding the trade financing solutions it offers to businesses trading on e-commerce platforms in mainland China and Hong Kong, following the successful launch of its collaboration with Dowsure Technologies. Small and midsized enterprises (SMEs) typically face challenges securing trade finance, but by using real-time commercial data through Dowsure, HSBC can offer finance to sellers based on their transaction data.

Finance 104

Finance eCommerce Securities Sales 104

Nerd's Eye View

OCTOBER 23, 2024

While the financial advice industry has transformed in many ways over the past several decades, one aspect that has remained relatively constant is the use of the Assets Under Management (AUM) fee model as a common way for many advisors to get paid. Though in practice, while a 1% AUM fee is a common 'starting point' in the industry, the actual fee structure can vary based on the firm's approach; for example, some firms may reduce the fee for high-net-worth clients, or charge an additional fee fo

Planning 98

Planning Education Finance Marketing 98

CFO Dive

OCTOBER 23, 2024

Partnering with software firm UiPath, the agency has tapped software robots to complete previously manual tasks, IRS CFO Teresa Hunter said Tuesday.

CFO 261

CFO 261

CFO Talks

OCTOBER 23, 2024

Accountability in Finance Teams, Methods and Benefits Accountability is a big deal in any business, but for finance teams, it’s especially important. When everyone in the team knows what they’re responsible for and owns their tasks, things run smoothly. So, how can you build accountability in your finance team, and what are the benefits of doing so?

Accounting 98

Accounting Finance CFO Invoicing 98

CFO News

OCTOBER 23, 2024

In the last three years, digital transactions have surged in such a fashion in India that cash usage, which still accounts for 60 per cent of consumer expenditure (as of March 2024) is rapidly declining, according to a paper by the Reserve Bank of India (RBI) economist.

Accounting 98

Accounting Banking 98

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

Barry Ritholtz

OCTOBER 23, 2024

 At The Money: BlackRock on Building a Bond Ladder (October 23, 2024) Full transcript below. ~~~ About this week’s guest: Karen Veraa is a Fixed Income Product Strategist within BlackRock’s Global Fixed Income Group focusing on iShares fixed-income ETFs. She supports iShares clients, generates content on fixed-income markets and ETFs, develops new fixed-income iShares ETF strategies, and partners with the iShares team on product delivery.

Treasury 62

Treasury Investments Accounting Marketing 62

CFO News

OCTOBER 23, 2024

BRICS nations have decided to boost trade using local currencies and explore new financial infrastructures. They agreed to study the feasibility of an independent cross-border settlement system and establish a BRICS reinsurance company. The New Development Bank will also be developed further. They emphasized financial cooperation and inclusion in financial transactions.

Currencies 74

Currencies Banking 74

Reval

OCTOBER 23, 2024

LONDON – 23 October 2024: ION, a global leader in trading and workflow. The post ION connects to newly launched FMX Futures Exchange to support execution and post-trade clearing appeared first on ION.

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Jedox Finance

OCTOBER 23, 2024

Best practices and greater technology utilization can help organizations enhance management reporting, increasing operational insight, strategic decision-making, and business value. Mastering management reporting What is the financial status? What are the key attention points? What can we do about it? How can you back that it’s a good idea? How do we get started?

Technology 52

Technology 52

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting

Future CFO

OCTOBER 23, 2024

Finastra launched its Loan IQ Simplified Servicing solution, bringing together the functionality that financial institutions need to service their entire loan portfolios in one integrated system. According to a press release, the financial services software applications provider take the rich functionality available in its Loan IQ and combines it with a streamlined user interface optimised for servicing high volume bilateral and SME loan portfolios.

Finance 52

Finance Marketing 52

CFO Thought Leader

OCTOBER 23, 2024

This article originally appeared on Forbes.com CFOs often build their careers within a specific industry, leveraging their accumulated expertise to navigate complexities and add value over time. This steady climb enables finance leaders to deepen their understanding of industry-specific regulations, operations, and customer behavior. However, a daring segment of CFOs seeks opportunities beyond familiar territory, charting new paths across industries.

Healthcare 52

Healthcare CFO Leadership Manufacturing 52

CFO Talks

OCTOBER 23, 2024

Forecasting Tools, choosing the Right Fit for Your Business As a CFO, you know that forecasting is crucial to business success. Whether you’re anticipating future cash flows, preparing for market shifts, or managing your company’s resources, having the right forecasting tool can make all the difference. In today’s fast-paced business environment, relying on spreadsheets alone is no longer enough.

Forecasting 52

Forecasting Cash Flow Forecasting CFO Financial Data 52

Commercial Credit Group

OCTOBER 23, 2024

Business was going great, and you needed more equipment to meet demand. You financed that purchase with a loan through CCG. But now business has slowed and you’re struggling to meet your financial obligations. What do you do?

Finance 52

Finance Construction Manufacturing Transportation 52

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Reconciliations

Future CFO

OCTOBER 23, 2024

Accountants have a crucial role to play in terms of the concepts, principles, challenges and opportunities of nature-related reporting. The Association of Chartered Certified Accountants deemed these professionals as 'stewards of organisational resilience and enablers of trust and transparency between organisations and financial markets'. In a recent report by the ACCA, titled Empowering business: navigating nature-related reporting , they call on accountants to get to grips with this matter as

Finance 52

Finance Accounting Securities Marketing 52

CFO News

OCTOBER 23, 2024

India cannot risk another bout of inflation and the best approach would be to remain flexible and wait for more evidence of inflation aligning durably with the target, Reserve Bank Governor Shaktikanta Das observed in the last meeting of MPC while also noting that the Indian economy presents a picture of stability and strength and that the balance between inflation and growth is well-poised.

Banking 45

Banking 45

CFO News

OCTOBER 23, 2024

India is set to continue as the world's fastest-growing economy with projected growth at 7% in FY24-25, driven by strong macroeconomic fundamentals and rural consumption recovery. The IMF's Krishna Srinivasan highlighted necessary reforms in job creation, labor codes, trade barriers, infrastructure, and education to maintain competitiveness and tackle challenges like low female labor participation and youth unemployment.

Education 45

Education 45

CFO News

OCTOBER 23, 2024

This decline comes in the wake of investigations launched by the US Department of Commerce in May 2024 into ceramic tile imports from India, raising concerns about the future of exports in an increasingly competitive global market.

Marketing 45

Marketing 45

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales

CFO News

OCTOBER 23, 2024

The IMF's latest World Economic Outlook report highlights significant shifts in global manufacturing towards emerging markets like India and China. It projects India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025 as pandemic-induced demand wanes.

Manufacturing 45

Manufacturing Economics Marketing 45

CFO News

OCTOBER 23, 2024

India has emerged as a potentially major AI arena, with the country of 1.4 billion adopting the technology in industries including agriculture, education and manufacturing to boost efficiency. While still a small part of their revenue, global tech companies from Nvidia to Microsoft Corp. and Meta Platforms Inc. are betting on the rapidly-growing economy as a growth market and operations base.

Education 40

Education Manufacturing Technology Marketing 40

CFO News

OCTOBER 23, 2024

Major asset management firms like BlackRock, Amundi, and Janus Henderson's Tabula have launched new ETFs focused on Indian debt following JPMorgan's inclusion of Indian bonds in its emerging-market index. This is expected to attract $5 to $10 billion, with professionals driving initial interest.

Marketing 40

Marketing 40

CFO News

OCTOBER 23, 2024

While participating in a panel discussion on the ' Priorities for the Next Decade', organised by the Center for Global Development on the sidelines of the World Bank and International Annual Meetings 2024 in Washington, DC, Sitharaman stated that no country, whether US which is far away or China which is very close cannot ignore India.

Banking 40

Banking 40

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Marketing