KAS Bank, an independent, specialized European bank that provides modular securities services and information services, has selected MINT, from SunGard Business Integration, an operating group of SunGard, to help its migration to SWIFTNet. According to SunGard, MINT integrates business processes and their supporting applications, and delivers straight-through processing and workflow management. KAS Bank needed to process its SWIFT FIN traffic over the SWIFTNet network in order to comply with the migration windows set by SWIFT. KAS Bank’s current in-house system only provides a connection to the legacy X.25 SWIFT network, whereas MINT provides a scalable solution that could act as a non-invasive ‘bridge’ between its current system and SWIFTNet.
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.