SOCX – a joint venture between Deutsche Bank and Wall Street Systems – launch their operations outsourcing capability. With Deutsche Bank’s Global Markets unit as its first client, SOCX is able to provide a real alternative to in-house operations, along with enhanced service levels and a significant reduction in costs. The SOCX service encompasses financial products including money markets, foreign exchange, fixed income, and vanilla derivatives. The service is easily scalable to meet a wide range of volume and service requirements.
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.