Bank of America Merrill Lynch reached an agreement with Las Vegas, Nev.-based BankServ to provide a SWIFT service bureau for B of A's corporate customers. The white labeled service bureau will supply software, hardware, and integration and transformation services. B of A and BankServ say that the service bureau in conjunction with the bank's treasury services will let companies access SWIFT connectivity at a lower cost than connecting directly.

SWIFT, the not-for-profit bank messaging consortium, is rolling out a digital signature product, 3SKey. SWIFT says the product will simplify life for corporate treasurers with multiple banks by letting them use a single personal digital identity to manage all their banking relationships. 3SKey is compatible with SWIFT's electronic bank account management solution. The product will be available first in Europe.

Incisive, a Sunnyvale, Calif., company that focuses on minimizing spreadsheet risks, has launched a spreadsheet collaboration and control solution called Concourse. The new product stores spreadsheet projects in a repository that employs spreadsheet management best practices, according to the company. Incisive says Concourse will encourage employees using spreadsheets to do so correctly, while giving audit team members easy access. The Concourse repository can be on a local computer or local network, or be hosted in the cloud by Incisive.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.