The Merva migration agreement will allow IBM to market S.W.I.F.T. interface products (SWIFTAlliance Access and SWIFTAlliance Entry) direct to Merva OS/2 and Merva AIX interface users as part of the IBM Merva strategy for next generation readiness. The agreement is the latest step in S.W.I.F.T. and IBM’s growing partnership to investigate a range of joint opportunities and projects to provide solutions for the financial community. Nancy Curl, manager, Global Payments Systems at IBM, comments: ‘This partnership is an example of how mutual cooperation between S.W.I.F.T. and IBM assures the ‘best of breed’ offering. It takes advantage of both parties’ expertise and experience in the interface marketplace. We see this as a cornerstone for future co-operation as S.W.I.F.T.’s new secure IP network provides the infrastructure for the financial community of the future.’
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.