Banco Do Brasil has Installed Eurobase Banking Solutions’ treasury management solution, Siena. The system will support the bank’s front and middle-office treasury operation in London. Siena will integrate with the bank’s automated trading systems as well as its back-office system, facilitating straight-through processing and lowering transaction-processing costs, according to Eurobase. The system’s positional exposure, cash flow, risk and credit displays, including CLS functionality, will provide the bank with real-time information, supported by settlement and reporting capabilities, added Eurobase.
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.