SunGard’s Front Capital Systems has announced that Bayerische Landesbank has extended Front Arena, a straight-through processing product, to its international institutional sales business. The implementation helped BayernLB to enhance efficiency and realize cost savings, while enabling it to meet a tight mandatory deadline. The entire project from due diligence, delivery and installation, was completed in just 10 weeks-on time and under budget. BayernLB had a balance sheet of EUR 331.4 billion as of June 31, 2004.
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.