Banque de France has chosen Trema Finance KIT for its FX operations, reserve management, domestic portfolio management and monetary policy activities. In a major overhaul of the Bank’s systems environment, Trema Finance KIT will replace four systems across front, middle and back office, providing Banque de France with an integrated solution. Trema stated that a single system will reduce costs and facilitate improved stability and maintenance of Banque de France’s IT infrastructure. Trema Finance KIT will interface to a variety of the Bank’s existing systems, across front, middle and back office, enabling heightened integration. In an unrelated move, Trema has entered into a global partnership with Oracle. The agreement covers technological collaboration, allowing Trema and Oracle to work together in a developmental capacity to ensure that both existing and future products are seamlessly integrated.
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.