Siam City Bank has chosen Reuters Straight Through Processing (STP) solution, Kondor+ and Reuters Trade Processing across its foreign exchange, money market, fixed income businesses. Siam City Bank is the first bank in Thailand to install Reuters Trade Processing (RTP) as a back office solution along with Kondor+ for straight through processing to streamline the bank’s front and back office operations whilst providing foundations to improve their bottom line. Reuters Consulting will carry out the implementation and system integration tasks.
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.