British Arab Commercial Bank has implemented Eurobase’s real-time front office treasury management solution, Siena. The system is being used to support the bank’s multi-product trading operation in London. Written in Java, Siena is an XML-enabled application facilitating connectivity to existing systems. Straight-through processing is facilitated using the systems generic import and export mechanisms. The platform enables integration with the bank’s electronic trading systems and existing Midas back office system.
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.