SimCorp has reached a partnership agreement with apt computer systems, provider of Financial Information eXchange (FIX) engines and simulation tools. The agreement supports the integration of apt’s FIX engine with SimCorp’s TMS2000 straight through processing (STP) investment management system. This will facilitate electronic trading for TMS2000 users, which, in turn will enable significant savings in dealing costs. Electronic trading using the FIX protocol first became established in the USA and is now a rapidly growing trend in the UK and the rest of Europe.
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.