Copenhagen-based Danske Bank has added front-office modules to its existing Summit STP back-office software infrastructure, encompassing the bank’s users sites in London, New York, Copenhagen, Helsinki, Oslo, and Stockholm. New capabilities include real-time/high-volume forex trading, a real-time incremental hedge position server, advanced tools for customizing applications, real-time STP workflow monitors, and license support for a total of 275 concurrent users. Other additions scheduled for future delivery include support for callable multi-asset instruments, real-time cash management, and a Web-based swap trading system earmarked for external institutional customers.
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.