Vereins- und Westbank, part of the HypoVereinsbank Group, has recently implemented two positions of AFA Systems’ DART + Exotics for its trading and risk management desks. DART+Exotics is an element of AFA’s DART derivatives product suite. Vereins- und Westbank is using DART+Exotics to replace existing tools, which offer limited flexibility, and to help overcome current user input issues. Thomas Busch, Treasury Director of Vereins- und Westbank said, ‘We selected the DART software as a result of its rapid calculation speed which facilitates faster response times to customer enquiries. This increased speed of response enables our traders to work on a broader range of instruments thus delivering improved trading desk performance and profitability.’
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.