TWIST XML messaging has been incorporated into Eurobase Banking Solutions’ Siena treasury dealing solution, extending its generic XML capability to interact with TWIST trade conversations. Through TWIST XML, institutions will benefit from the reduction in error correction costs that automated STP offers as well as general software cost savings resulting from not having to support multiple and costly interfaces, said Eurobase. David Mallinder, Head of Business Development and Sales at Eurobase Banking Solutions, commented: ‘The converted XML format will initially support FX trade conversions but plans are underway to support TWIST XML messaging for other products. Eurobase also expects to offer users direct communication to the payment networks using TWIST XML messaging when available. ‘
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.