Bank of Ireland has chosen Summit Systems to provide software to support its business expansion into the credit derivatives market. Bank of Ireland Global Markets is responsible for global treasury operations within the Bank of Ireland Group and will install Summit at their headquarters in Dublin. In addition to supporting its front office trading function, Summit will also handle all aspects of risk management and operations covering a wide range of instruments. This purchase builds upon the bank’s existing Summit modules that include money markets, fixed income and interest rate derivatives.
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.