The system will initially be offered to 23 regional institutions currently using NTT DATA products, with the goal of expanding the reach of the system both across instrument coverage and to new institutions. The service will provide Sierra Treasury’s full range of trading, risk management and back office capabilities on a fully outsourced basis. Initial products to be covered include Interest Rate Derivates, FX Cash, and FX Options with future offerings of Exchange Products, Fixed Income, and Equities coverage. The service is slated to go live in August and will be rolled out to beta clients shortly. The demand for improved risk management in the Japanese market has risen due to the increase of rigorous monitoring by the Financial Services Agency of Japan. Firms are increasingly using trading and risk management practices to help maintain capital adequacy ratios and to monitor operational risk.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.