eBam and digital ID – what can be done in the digital space?
Published: Apr 2015
The ACTS and Thomson Reuters, in association with Treasury Today Asia, are delighted to present the first of a series of Asian Treasurer Webinars.
This sponsored webinar open to all addresses the important issue of account opening documentation and what can be done to bring the benefits of digitisation and electronic communication to the account opening process.
We start by talking with Jeanette Chang Treasurer, Asia Pacific, for IBM about the issues involved in operating multiple bank accounts for different operating units in different countries.
Then we hear from Neil Jeans, Head of Policy & Standards, Accelus Org ID at Thomson Reuters who will tell us what they are doing and considering doing in this space to meet the documentary requirements of the bank account management process.
SWIFT has developed some messaging solutions in this area but Thomson Reuters are going further and are beginning to address many of the documentary aspects. As Jeanette tells us, corporates and banks all agree the account opening and mandate management process is painful but the regulatory and legal requirements still have to be met. Thomson Reuters explains what they have developed and the practicalities of how the service works.
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