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Derivative Path, Goldman Sachs to offer global payments to banks

Monday 4 July 2022 15:21 CET | News

US-based Derivative Path, a provider of capital markets technology has partnered with Goldman Sachs Transaction Banking (TxB) to offer an automated, digital-first payments platform.

The role of the platform is to help financial institutions with spot foreign exchange and international payments. The cloud-based solution intends to simplify cross-border payment complexities by streamlining workflows, providing pricing transparency, and delivering real-time, secure payment tracking for users.

With the solution, regional and community banks can have access to the same global payments capabilities as large money centre banks.

Derivative Path’s SaaS-based capital markets platform DerivativeEDGE was designed as an end-to-end solution in which users have front, middle, and back-office functionality on one platform. It also automates regulatory compliance, integrates real-time market data, automates swap data reporting, and affirms cleared trades.

More: Link


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Keywords: banking, cloud banking, partnership, digital payments
Categories: Banking & Fintech
Companies: Derivative Path, Goldman Sachs
Countries: United States
This article is part of category

Banking & Fintech

Derivative Path

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Goldman Sachs

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