FNX’s Sierra Treasury system has been implemented at BankThai. The solution includes front office, back office, and general ledger. The system is being used to support BankThai’s FX cash, money markets and fixed income (including Thai Bonds) trading operations, as well as loans and deposits, and futures. The Bank is also using a number of other FNX modules, in particular the Structured Products module for interest rate and cross currency swaps, according to FNX.
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.