Algorithmics has launched version 2.1.2 of the First (Financial Institutions Risk Scenario Trends) database of case studies. First takes a case study approach and is designed to assist institutions with their analysis of external operational risk events. The database contains about 5,000 detailed case studies. The number of users has grown in the past year, including the addition of several new clients during the first two months of 2005. Recent enhancements to the database include both content and functionality. Additional content includes level 2 BIS Business Lines and Event Types that are designed to provide mapping into operational risk categories required under Basel II. Enhanced application functionality includes advanced search capabilities, and new data download and reporting options. Users of the database can now save sets of cases to “buckets” or individualized “loss portfolios” that they can download, save, print, or use in the creation of customized reports. Enhanced reporting options include distribution charts, event summary tables and the ability to print or download in a variety of new formats.
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.