Misys Wholesale Banking Systems and FRS, a business unit of S1 Corporation, have signed a strategic agreement which provides Misys with the rights to sell and distribute FRS regulatory reporting products on a worldwide basis. This follows the announcement earlier this year of the agreement for Misys to distribute and implement S1’s Enterprise retail, cash management and trade finance solutions throughout Europe, Africa, Middle East and Asia. The new offering created by the agreement will be significant for banks currently embarking on globalisation initiatives, particularly Misys customers that are implementing MidasPlus with Global Processing.
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.