Scottish Widows Investment Partnership (SWIP) has selected Reuters to deliver company information to its portfolio managers and analysts. Reuters Fundamentals will be incorporated into SWIP’s in-house research solution, which was built and is hosted by Reuters Research. This solution brings together SWIP internal research, sell side research and Reuters Fundamentals and Reuters Estimates. Separately, Reuters and TIBCO Software have announced a commercial agreement which allows TIBCO to pursue the financial services market directly. Reuters intends to reduce its TIBCO stake and TIBCO has agreed to repurchase a portion of its shares from Reuters if Reuters completes a public offering of TIBCO shares. Reuters will continue to use TIBCO technology internally and embedded within its products. Reuters will, however, phase out its role as a general reseller of TIBCO products over the next 18 months.
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.