The Mauritius Commercial Bank (MCB), based in Port Louis, Mauritius, has selected SunGard’s AvantGard-Quantum and AvantGard-Risk to provide a fully integrated front-, middle- and back-office solution for the bank’s treasury operation. MCB is developing its market risk and treasury activities and upgrading its treasury systems. The bank carried out a thorough review of its treasury processes and produced a clear definition of its requirements, including the development of market risk and treasury activities for balance sheet management purposes, for proprietary trading and to service customer needs for wholesale market risk products.
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.