Asset Control (AC) has linked up with CB.Net to integrate CB.Net’s BankSearchPlus into the AC Plus data management solutions. CB.Net provides over 70,000 standing settlement instructions (SSIs) linked to 8,500 BICs and national bank sort codes for over 60 countries, providing support straight-through processing (STP), back-office processing, settlements and credit risk management. AC said the link-up would allow its customers to support STP and counterparty management.
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.