DekaBank has gone live with Trema’s treasury, risk and asset management solution, Finance KIT. DekaBank is using Finance KIT for the bank’s entire foreign exchange risk and liquidity management operations. Finance KIT will also allow DekaBank to process several thousand cash flows daily and capture several thousand more from a variety of the bank’s front office systems via a customized interfacing system built by Trema. The bank has implemented Trema Finance KIT’s complete front, middle and back office functionality and will use the system both in Frankfurt and in the Luxembourg branch for capturing and processing foreign exchange and money market deals, managing bank-wide foreign exchange risk and integrating liquidity management for the bank.
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.