Misys has unveiled two new initiatives to better position its Banking and Securities Division for the next phase of growth. The firm has put in place a new structure to align core businesses with vertical markets while re-vamping its management team. The new structure builds on changes made in 2001 to create three new businesses in retail banking, risk management and wholesale banking. The new structure will be lead by an all new management team comprising of: Andrew White, CEO of Misys Wholesale Banking Systems; Helen O’Dea, CEO of Misys Risk Management Systems; Ivan Martin, acting CEO of Misys Retail Banking Systems, supported by Chief Operating Officer Paddy Meany; Barry Moloney, Finance Director; Stephen Gowers, Business Development Director; Gilles Acogny, Marketing and Global Accounts Director; and Andy Oakes, Commercial Director.
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.