Phase II of Summit Systems’ MUST (Multi-Underlying Structured Trade) solution has been released, aimed at reducing time-to-market for new products. The solution will help traders create, process and analyse complex products and structured trades, according to the company. MUST can be integrated with Summit’s treasury and capital markets solution and will process structured deals, including those whose underlyings span multiple asset classes, said Summit. Key areas of Phase II include completion of front-to-back integration, a structuring tool to promote active trading and intra-trade cashflow netting, said the company.
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.