PeopleSoft has announced a software alliance with Algorithmics that will deliver an enterprise risk and profitability management solution for the banking and capital markets industry. The company said the partnership would enable financial services firms to improve risk management and meet Basel II compliance requirements. PeopleSoft’s profitability management applications will be combined with Algorithmics’ enterprise risk management products to deliver a product that would allow financial institutions to better analyze risk, allocate investment capital, and comply with regulatory requirements.
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.