A new service bureau has been launched by systems integrator Simplex Consulting and Steria, an IT services provider, to help UK financial institutions better manage their SWIFT operations. Steria noted that the bureau provides financial institutions with a facility for the external management of their SWIFT operations, regardless of whether they already have access to the SWIFT network. It also opens up the opportunity for the financial institutions to offer their key corporate clients SWIFT connectivity via closed user groups. The Simplex Steria Service Bureau will enable access to the SWIFT network, disaster recovery services and 24/7 access to technical and support services, said Steria.
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.