The leading property and casualty insurance company in the Nordic region, If, has chosen Trema’s asset management solution. If, which has insurance operations that also encompass the Baltic countries, will use Trema’s complete, real-time solution to provide integration across all asset classes, front office, risk management, performance and back office under Sampo’s licence. If is a subsidiary of Sampo, a full service financial group, which provides financial, investment and insurance services. If is a key player in the Nordic and Baltic countries with approximately 3.8 million customers, 7,000 employees and EUR10bn-worth of assets under management. If’s investments are diversified globally in many asset classes such as cash, bonds, equities, commodities and FX. Tell Tornblad, Head of Investment Operations at If, says: “Sampo has been using Trema’s solution for many years and If will benefit by using the same system for its investment management operations.”
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.