Italian banking group Monte dei Paschi di Siena (MPS), the oldest banking institute worldwide, will use Cisco’s Business Ready Data Centre framework to create a network architecture. MPS will consolidate and interconnect storage resources at its two regional data centres in Italy using Cisco Systems integrated data centre networking which will enable MPS to improve usability, availability and continuity of services. Cisco and MPS are collaborating with IBM on this project. “High availability and business continuance, key elements of Cisco’s Business Ready Data Centre architecture, help provide a platform for managing operational risk, which is becoming a key priority for many financial institutions,” said Stefano Venturi, VP and general manager, Italy, for Cisco Systems in Europe, Middle East and Africa (EMEA).
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.