Goldman Sachs International (‘Goldman Sachs’) and Trema jointly announced a real-time link connecting Goldman Sachs’ WebET(tm) Foreign Exchange (‘WebET FX’) system with Trema’s Finance KIT system via Trema’s Transaction Hub. WebET FX is Goldman Sachs’ proprietary on-line, real-time foreign exchange spot, forward and option trading system. Trema’s Finance KIT is a straight-through-processing treasury, risk and asset management system that integrates front, middle and back office functions in one system. The new facility will allow foreign exchange customers of Goldman Sachs using WebET FX and Trema Transaction Hub to have their trading positions in foreign exchange spot, forward and options updated automatically on a real-time basis.
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.