Amsterdam-based TD Waterhouse Bank, a subsidiary of the Canadian TD Bank Financial Group, has selected SunGard’s AvantGard-Quantum and AvantGard-Risk for its treasury operation. Yves Sawaya, managing director of TD Waterhouse Bank, said: ‘We wanted to enhance our systems integration and remove a number of manual processes within our business. SunGard’s AvantGard solution provides the straight-through processing and the platform necessary for our business.’ Jordan National Bank has also selected a combination of AvantGard Quantum, AvantGard-Risk and BancWare for its risk management operations.
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.