Accurate Software has been awarded a contract by European Investment Bank (EIB) to implement its operational risk management solution, Accurate NXG. Due to go live in December 2004, the deployment will automate the reconciliation process for EIB’s cash, securities and foreign exchange confirmations to reinforce EIB’s back office operations. The EIB will implement a single platform that will streamline its back office processes and provide a comprehensive transaction control solution across multiple business areas.
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.