MoneyLine, a leading provider of hosted electronic commerce applications and financial content, announced that it has completed a $36 million round of funding. Key investors include Accel Partners, Bank of America, Comdisco, Garban-Intercapital plc, Global Crossing and Merrill Lynch. The capital raised will enable MoneyLine to continue advancing its e-commerce infrastructure to service the electronic business requirements of the financial services marketplace. By building on MoneyLine’s position as a neutral partner, financial services firms are able to meet the individual trading, content delivery and application needs of clients and internal users.
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.