IntraNet Worldwide has completed migrations for its entire base of leading global financial institutions to the company’s new UNIX AIX-based platform for its iMTS solution. The company said that iMTS was designed to meet the varied payment processing needs of the wholesale banking industries worldwide. The system moves money, settles multiple currencies and streamlines operations for 41 of the top 100 U.S. banks and 23 of the top 100 global banks. Partners affected by the migration include State Street Corporation, Northern Trust and KeyBank.
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.