Risk management software provider Almonde has launched its “Basel II in a box” product. The product is designed to interface with banks’ and third parties’ systems easily while providing full Basel II compliance. Almonde has launched the product because it says that most banks struggle to put together all the components required to deliver on the Basel Accord’s requirements, namely: data extraction and mapping, PD/LGD mining and modelling, capital and RWA calculations, scenarios and reporting, feedback into bank’s systems.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.