Global Banks progressing towards Go-live on the Finteum Platform
August 8, 20239 min
Global banks announce that they have progressed with the Finteum Platform integration work, which offers a new tenor for interbank funding products 19 banking groups entered into simulated intraday FX swap and intraday repo contracts during a trial in Q2 2023 Super-short-term interbank markets are expected to reduce the required HQLA for intraday liquidity and increase banks’ dynamic access to funding The Finteum Platform specialises in trades that last for hours instead of days, avoiding...