David Jones has been appointed Cognotec’s new Managing Director for the Asian region. Cognotec has created the new senior role as a result of the success of its Asian joint venture with Softbank Corp., Forexbank, announced earlier this year. With Cognotec, Jones will oversee the marketing and support of Cognotec’s AutoDeal LITE service, an internet based foreign exchange dealing solution, throughout the Asia Pacific region. Jones will be responsible for Cognotec’s offices in Tokyo, Hong Kong and Sydney. He will also be one of Cognotec’s appointed directors on the board of Forexbank, the joint venture recently established with Softbank. Before joining Cognotec, Jones was Managing Director of Infinity, a SunGard Company, where he was responsible for bringing the Panorama risk management system and the Infinity Forex system to the Japanese and Korean markets.
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.