HypoVereinsbank is to implement the latest version of Misys’s Midas Confirmation Matching solution, powered by City Networks’ CityNet Matching. The implementation at HypoVereinsbank, part of HVB Group, the second largest private-sector bank in Germany, was brokered by Misys and is currently taking place at its London operation. The upgraded solution is expected to be rolled out to its remaining treasury processing and matching branches, including New York, Singapore, Tokyo and Athens. HypoVereinsbank is one of the largest Misys customers using its Midas Confirmation Matching product, and the matching system provides a facility to automate confirmation matching 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.