Biveroni Batschelet Partners AG (bbp), a Fundtech, company and provider of applications and managed services, has announced its plans to offer banks the ability to outsource the migration and management of the new SWIFTNet messaging service through its SWIFTNet ServiceBureau. SWIFTNet is S.W.I.F.T.’s comprehensive and integrated set of messaging services for the financial services industry. By leveraging bbp’s SWIFT ServiceBureau, financial institutions can seamlessly migrate to this new mandatory standard while focusing on their core business. Fundtech said: ‘As the first independent service bureau in Switzerland and the largest SWIFT service bureau in the world, bbp is well equipped to assist financial institutions with the migration.’ Through the bbp SWIFTNet ServiceBureau, bbp will migrate customers from their existing connection to the new TCP/IP connection. All changes will be managed by bbp ServiceBureau staff.
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.