The Bank of Bahrain & Kuwait (BBK) has selected SunGard Treasury Systems’ Quantum to manage its back-office treasury operations. BBK trades money markets, FX swaps and outrights, and derivatives, including fixed income and externally managed funds. BBK will interface Quantum with its existing trading and risk management and core banking system, to form a straight-through processing system designed to handle high volumes with minimal manual intervention.
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.