Islandsbanki has signed a contract with CBA for use of a broad spectrum of new straight-through processing products. According to CBA, one of the main objectives of the deal – which will see it provide additional IBAS components to the Icelandic Bank – is to further improve Islandsbanki’s STP automation. It hopes to do so by involving STP more centrally in the bank’s foreign exchange trading activities. Islandsbanki will purchase CLS third party solution for FX spots, forwards and swaps, a new application for forward rate agreements and other components to strengthen the STP interface between IBAS and Islandsbanki’s front office system Reuters Kondor+.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.