The SWIFTReady Gold Cash Reconciliation and SWIFTReady Gold Securities Reconciliation accreditation has been awarded to City Networks for its CityNet Reconciliation product range. These repeat accreditations follow ongoing development and enhancement to the CityNet Reconciliation range. To achieve SWIFT Gold accreditations there is a strict evaluation process, whereby vendors have to prove their products ability to support specific SWIFT functionality. City Networks has been making progress in the reconciliations market, announcing a number of strategic customer partnerships in recent months which include Societe Generale, HBOS, Lloyds Registrars, HSBC and Fortis Clearing.
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.