JPMorgan Chase has selected the Misys Loan IQ solution to process its commercial loan trading and agency servicing businesses. In addition, Misys Loan IQ has been chosen by JPMorgan to become its future commitment recording system. The solution will be deployed across JPMorgan Chase’s major operational centres in New York, Chicago, London, Houston and Delaware over the next 12 to 18 months. Future plans also include a rollout to the bank’s Asia Pacific operations.
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.