Microsoft Corp. and Capco, the global services and technology solutions provider, have announced an alliance designed to ‘transform the way financial institutions communicate’. The two companies are due to unveil the first comprehensive solution for straight through processing (STP) to the global capital markets sector. ‘We’re delighted to be working with Capco because of its expertise and reputation within the financial services industry. Capco’s new STP Bridge solution is a terrific example of how the Microsoft® .NET approach to XML Web services can literally transform the way an industry serves its customers, providing businesses with the agility to respond to their rapidly changing business landscape,’ said Bill Hartnett, general manager of financial services at Microsoft.
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.