Reuters has announced the successful rollout of Reuters Kondor trade and risk management solution. Dubai Bank is the first Gulf bank to fully implement the Reuters Kondor suite of trade and risk management solutions. Reuters Kondor will handle all end-to-end transactions throughout the bank’s entire treasury department. By linking all its treasury functions with an integrated solution from a single vendor, Dubai Bank should benefit from a workflow solution including improved efficiency with reduced costs, increased accuracy and greater management control across all their treasury activities, according to Reuters. In addition, Dubai Bank relies on Reuters to facilitate the development of its trade and risk management processes and systems.
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.