reval

Bank Chinatrust Indonesia selects a core banking solution from Infosys, while China UnionPay signs a new card acceptance agreement for the US and Europe.

Sonali Bank and Bangladesh Commerce Bank implement a core banking solution from Polaris, while SunGard partners with CCS to build a new commercial lending solution.

Asia’s new breed of multinationals are demanding the same capabilities as their Western peers.

Blaik Wilson, solutions consultant at Reval, says Asian companies are well positioned to implement new technologies, but the cultural change that is required can sometimes be difficult for senior management.

Deutsche Bank expands its suite of renminbi services in China and Hong Kong, while SmartStream and Logica win new mandates.

Treasury upgrades can be the corporate equivalent of moving house, but by using a software-as-a-service provider, the pain can be largely alleviated, says Reval.

Jason Torgler joins the corporate solutions provider from Thomson Reuters.

The third phase of IFRS 9 will help companies better reflect their hedging activities on their financial statements.

HSBC opens a new SME business centre in Hong Kong, while Standard Chartered promotes financial ties between the UAE and the rest of the world.