Unisys Korea and Almonde have formed a partnership to distribute and support risk management and Basel II systems on the Korean market. Unisys Korea will provide distribution, integration and local support services. Fully trained on Almonde risk management, Unisys is already in discussion with multiple Korean banks to implement the Almonde Basel II product. Unisys Korea said it selected Almonde following in-depth assessment of 15 solutions.
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.