Israel’s Bank Hapoalim has licensed Financial Objects’ IBIS S2 solution for private banking, credit management, commercial lending, trade finance, treasury and financial sanctions. The implementation is part of Bank Hapoalim’s overall programme to update its international branches. IBIS S2 will go live in the bank’s London and Manchester branches by early 2004. Bank Hapoalim’s selection of IBIS S2 will enable it to extend functionality, streamline processing, enhance customer service and facilitate compliance with the international accounting standards (IAS), according to Financial Objects.
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.