dbs Financial Systems has launched dbsDealManager DM3, a multi-user treasury system which supports all areas of front and back office activity. The previous version of DealManager has been installed at sites across Africa, Europe and the Middle East. DM3’s features include: full support for foreign exchange, money market, and off-balance sheet instruments; comprehensive position keeping; Reuters Dealing, SWIFT, and back office integration; and industry standard technology. Speaking at the launch of the new system, Andy Blackburn, dbs Technical Director, said, ‘Although DM3 is regarded as particularly applicable to small and middle-sized dealing rooms, it has been designed to be fully scalable and is therefore ideal for new or growing treasury operations.’
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.