Misys will combine Midas, its leading back-office transaction-processing engine with Pegasystems’ front-end PegaCRM Investigations software solution to provide a transaction processing solution to corporate banking. Through this partnership, Misys can now provide its extensive customer base with improved operational cost effectiveness and comprehensive front-office CRM capabilities. By applying rules that clean up transactions pre-posting, the Midas back-office transaction processing engine helps customers achieve a high level of STP on payments in both the funds and securities areas. PegaCRM Investigations is an advanced exception process capability that allows customers to realise STP with problem resolution for payments and securities.
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.