The Reserve Bank of Australia (RBA) has licensed OpenLink’s Findur solution to support the bank’s financial market operations across front-, middle-, and back-office functions. Findur, a multi-market trading, risk, and operations solution is currently in production at several central banks. RBA will implement Findur as a replacement solution for multiple in-house systems, creating a single, integrated IT platform for its dealing functionality, risk control, operations, and accounting, as well as settlement processing. OpenLink also announced that it has opened its Sydney, Australia office.
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.