Asset management firm Loomis Sayles has employed HelioGraph’s Helio TradeFlow solution to enhance its trading and settlement processes. Loomis went live with the Helio TradeFlow STP platform in November 2002 and a recent assessment of the project revealed a number of significant benefits. According to HelioGraph, 70 per cent of Loomis Sayles’ asset management transactions are now being processed through its platform. Helio TradeFlow has also been credited with reducing the cost of managing the trading and settlement process, according to Loomis. Its client’s custodians can now choose between receiving SWIFT messages or fully automated faxes – a benefit to the smaller custodians not connected to the SWIFT network.
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.