Sophis has announced a strategic partnership to integrate Markit’s credit price and reference entity data (RED) together with their dividend forecasting (formerly DaDD) and index management services. The partnership enables the Sophis trading and risk management system to better support key trading, risk and operational processes for their mutual customers. Markit data will be available via Sophis new data management module, the Data Service, which collects data from any source type (vendor or proprietary) and allows customised extractions. Users will have automatic access to over 12,000 daily CDS curves, over 8,500 global indices and ETFs, four year’s dividend forecasts and market standard reference entity names, reference bonds and codes.
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.