Nordic Financial Systems (NFS) has opened a research and development centre based in Singapore. The centre will focus on enhancing existing NFS solutions, augmenting these with new technologies and services and contributing to overall industry awareness and technological development. Lars Hübinette, general manager of the centre, said: “NFS consultants’ combined business and technology expertise uniquely puts us in the driving seat for anticipating future treasury technology and business process needs. Our goal for this centre is two-fold: to leverage its wealth of knowledge and ingenuity to improve the service we deliver to clients, and to facilitate industry-wide knowledge sharing to move us that much closer to the optimal treasury technology environment.”
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.
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