QSR Management Limited, a wholly owned subsidiary of The Bank of New York, has licensed the Principia System to support its business operations. The Principia System facilitates dynamic portfolio and risk management of commonly held Structured Investment Vehicle (SIV) assets (asset-backed and mortgage-backed securities), liabilities (commercial paper and medium term notes) and hedge derivatives, ranging from vanilla to highly complex. The system also provides full accounting functionality.
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.