GMAC-RFC has selected Pegasystems’ PegaRULES Process Commander solution as part of an initiative to enhance the company’s business process management capabilities. GMAC-RFC chose Pegasystems after a nine-month selection process and the contract was finalised in the fourth quarter of 2004. “It’s an honour to be chosen by one of the world’s most prestigious financial services companies,” said Michael Wallrich, senior vice president of global sales, Pegasystems. GMAC-RFC is a subsidiary of GMAC Financial Services and is a leading private issuer of mortgage-backed securities and mortgage-related loan asset-backed securities.
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.