Talking Payments – with Baton Systems
Posted by Colin Lambert. Last updated: October 5, 2023
Ahead of The Full FX at FIA Expo conference in Chicago, Colin Lambert talks to Alex Knight, heads of global sales, and Ronn Baker, director of North American sales, at Baton Systems about the launch of the firm’s new solution Core-Payments.
Knight explains why the product is needed now and the importance of scaling technology to bring down the proportion of failed payments using real-time data. He also takes viewers through the urgent need to build more robust controls over cash flows, allied to higher matching rates at the point of the payment completion.
Baker, meanwhile, explains how Core-Payments is about more than just FX-related activities, and how businesses can leverage the solution in multiple parts of their business.
The conversation closes out by observing how post-trade enhancements are looping back to tangible benefits for the front office business.