Summit Systems, a subsidiary of Misys, was voted the leading system in Risk Magazine’s Technology Rankings survey. In addition to topping the poll in five categories, the capital markets software vendor achieved a second place in four additional categories and was ranked best overall vendor. The survey’s aim was to rank technology vendors in the risk management and derivatives market. Summit topped the following categories: ‘trading system cross asset’, ‘trading system interest rate derivatives’, ‘trading system structured products’, ‘front to back office system cross asset’ and ‘front to back office system structured products’. The company placed second in ‘market risk’, ‘trading system credit derivatives’, ‘trading system analytics cross asset’ and ‘front to back interest rate derivatives’.
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.