The Banking Business Unit of Infosys Technologies Ltd has acquired the Trade IQ product division of US-based IQ Financial Systems, Inc. Existing Trade IQ clients of IQ Financial Systems include some of the top tier and largest commercial and investment banks of Europe, Japan and US with installations in Switzerland, UK, US and Japan. The acquisition also provides Infosys’ Banking Group with ready-to-operate offices with employees in London and Tokyo. The suite of products acquired from IQ Financial Systems Inc include , Trade IQ™ – an Integrated Treasury System, Limits IQ™ – Limits Management System and Desktop Risk IQ™. Trade IQ™ is an integrated front, middle and back office system that provides straight-through-processing (STP) and covers money market, foreign exchange, fixed income and their full range of derivatives.
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.