The Sun European Benchmark Centre has approved Sophis’ flagship product, RISQUE. Tests made in the Sun Benchmark Centre showed that Sophis RISQUE can reach a through-put rate over 500 transactions per second continuously throughout a working day and load a portfolio up to five million deals in less than seven minutes. In addition, results of a comprehensive test at the head office of HVB Group, one of Sophis’ clients, have confirmed satisfactory performance of the system. The results demonstrate that Sophis RISQUE can support large volume-based trading environments with instrument types ranging from listed-market securities to exotic products, according to the firm.
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.