Its ‘Next Generation’ program is an initiative to develop an Internet Protocol (IP) based interactive network to support a new generation of S.W.I.F.T. products and services As its messaging volumes continue to rise, the cooperative is preparing for new challenges facing the global financial industry. Its ‘Next Generation’ program is an initiative to develop an Internet Protocol (IP) based interactive network to support a new generation of S.W.I.F.T. products and services. In the 25 years of its existence, S.W.I.F.T. has registered an impressive track record of service. At the end of 1997, S.W.I.F.T. had 3,070 members, 2,621 submembers, and 681 participants. While in 1997, S.W.I.F.T. carried 812 million messages (an increase of 18% over 1996 volumes), in 1998 it expects to process over 900 million messages.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.