Cambista Technologies, the financial software and services provider, has sold a version of its Financial Framework, an advanced business platform, to Terra Gruppen AS. The new solution will provide Terra Gruppen, the holding company for 85 regional savings banks across Norway, with a single, robust and highly extensible environment in which to offer its own and other third party products and services to its customers. Cambista’s Financial Framework provides banks and other financial service providers with the ability to take new online products and services to market at a lower cost than can typically be achieved with products from other vendors. It has been designed and developed for an international customer base and is the result of extensive study of the real-world requirements of banks throughout Europe and the Middle East.
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.