Algorithmics has launched the latest version of its enterprise risk management solution – Algo Suite 4.5. The latest version sees advancements in the integration of economic capital measurement and regulatory compliance, introduces credit workflow functionality, and reduces the complexity and cost of ownership. “Our clients understand that Basel II is about better risk management and better business practices, not just compliance,” said Dr Michael Zerbs, president and chief operating officer at Algorithmics. He added that through the updated version “we are enabling our clients to meet Basel II deadlines while supporting a longer term strategic risk management framework.”
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.