The Housing Bank for Trade & Finance in Amman, Jordan, has gone live with Eurobase’s real-time treasury management solution. The system, with enhanced margin trading and back office integration functionality, is being used to support the bank’s multi-product trading operation in Jordan. Full straight-through processing is facilitated using the system’s generic import and export mechanisms. Eurobase highlighted the fact that the integration with the bank’s existing back office system has helped lower transaction processing costs and improved both efficiency and productivity. Positional, exposure, cashflow, risk and credit displays, including full CLS and margin trading functionality, provide the bank with instant real-time information, according to Eurobase.
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.