SimCorp and Currenex™, Inc have formed a partnership to provide a combination of online FX trading with straight through processing to their joint corporate treasury customers. As a result, Currenex’s market leading internet based FX trading service will be integrated with SimCorp’s IT/2 investment and treasury management systems, which provides integrated cash, deal and risk management. Currenex provides the first operational global currency exchange open to institutional buyers and sellers worldwide. Its Internet-based service, FXtrades, is a real-time foreign exchange marketplace that provides a total trading solution from initiation and execution to settlement and reporting.
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.