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The Birth of RMB Cross-Border Trade Settlement, TMI Magazine, TMI 180
The combination of better, increasingly real-time data and easier, more bespoke ways of exchanging this data, has an alchemic effect. Increasingly, treasurers’ role becomes less one of transaction execution and more one of analysis to drive value-added decision-making.
With the aim of being as efficient as possible in its reconciliations, Panini was looking to achieve the same level of detailed information on cross-border collections as it was able to achieve on domestic collections.
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