The Pegasystems Alliance Program has a new member; SyntelliRead, a provider of text interpretation software, has joined as a technology partner. The companies will work together to provide customers with increased straight-through processing capabilities. ‘Our software converts human communication into a form that computers can understand. It eliminates the manual re-keying of free-formatted data into Pegasystems‚ BPM software and automatically invokes the appropriate business process for each inbound message,’ said Michael Jeske, president, SyntelliRead. The system has received a thumbs-up from UBS Investment Bank, where business liaison manager Debbie Ramsammy noted: ‘We have been using Pegasystems to handle our payment investigations and SyntelliRead to interpret the incoming messages since 2001. This has enabled us to automate many of the investigations with some requiring no manual intervention at all.’
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.