Online trading portal FXall has announced a deal to provide straight-through processing of FX transactions to customers of both Selkirk and SimCorp, providers of treasury management systems. Customers using SimCorp’s IT/2 and TMS2000 systems and Selkirk’s Treasury Manager are now able to access online deal information from FXall and execute import deals into their treasury system. The deals can than be automatically confirmed and settled in a completely controlled and audited process, FXall sald. FXall added that it has similar arrangements with more than 35 different treasury management systems.
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.