Date: September 12, 2007
Duration: One Hour
With no standardization across an individual institution, multiple financial institutions and country borders, corporations must utilize a multitude of approaches for authentication. In the most extreme cases, account holders must maintain a drawer full of one time password (OTP) devices, tokens, smart cards, and passwords, for accessing each of their accounts with each of their financial services providers.
Once passing access authentication, these various credentials are required inconsistently to complete requests such as delegation of authority, change of signatories, deletion or addition of names on an account, and, account closure. Maintaining multiple accounts across multiple institutions is a management nightmare. It’s the equivalent of the Tower of Babel where communication is impossible because there is no common language.
Web seminar attendees will hear how Merck is streamlining their global treasury operations and improving straight through processing by using bank issued digital certificates and signatures. In addition, HSBC will discuss how they are facilitating this and other time and cost savings for their corporations. - Understand the importance of a trusted third party as issuer and processor, and the need for limitation of liability and repudiation
- Gain a better understanding of the cost savings resulting from a single identity
- Learn how STP can be increased between banks and their corporate customers
Speakers:
- Marcus Treacher, Head of Electronic Banking and E-commerce, HSBC Global Transaction Banking Business
- Hans-Maarten van den Nouland, Director, International Treasury Services, Merck
- Nigel Hysom, Partner, TDI Consulting.
Moderator:
- Andrea Klein, Chief Marketing Officer, IdenTrust, Inc.
Register now, for this timely, high-impact event.
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