Cognotec has announced a partnership with Hotspot FXi, a multi-bank spot FX marketplace, to develop the Cognotec HotspotFXi CONNECT adaptor. The move will enable banks and other financial institutions to provide foreign exchange pricing and execution to the Hotspot FXi marketplace. Substantial development work has been completed and Hotspot FXi CONNECT is expected to go live within weeks, according to Cognotec.
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.