MKIRisk plans to offer a new Operational Risk solution to complement its current Risk Vision suite of products, which covers all the major risk categories, namely Market, Credit and Liquidity risk, in addition to Global Limits management. Having signed a Marketing Agreement with Amelia Financial Systems Ltd. for its new Operational Risk System, OR2Q, MKIRisk now has global sales and marketing rights to the solution, which is planned to become an integral component of Risk Vision. OR2Q (Operational Risk Qualitative and Quantitative) is a web-based solution addresses both the procedural and quantification aspects of operational risk.
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.