City Networks’ CityNet Investigation system has been implemented by BNP Paribas to improve the efficiency of controls and risk management execution. The platform, which went live in May, will automate the handling of exceptions for the bank’s institutional clients. BNPP SS expects the solution to significantly reduce clients’ operational risk, ensuring rapid delivery of items for investigation and boosting client servicing delivery, according to City Networks.
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.