ICM’s Solution provides payments processing, trade finance and cash reporting to Standard Chartered’s corporate and institutional clients in 25 Countries The flexibility of the BankQuest solution enables the bank to process payments, document collections, letters of credit and funds transfers, as well as to communicate in S.W.I.F.T. and proprietary message formats with operations centers and clients. The ICM system interfaces with a large number of host systems and supports more than 22 transaction types and 30 reports used by Standard Chartered. ‘The flexibility of the BankQuest technology, combined with ICM’s responsiveness to our particular circumstances, has brought a geographically and technically complex implementation to completion in record time,’ said Ed Adams, Head of Electronic Delivery, Corporate and Institutional Banking at Standard Chartered.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.