Almonde announced that The Saudi Investment Bank (SAIB) had selected the Almonde platform for compliance and risk management solution. “Our challenge was to integrate a Basel II IRB-advanced system in SAIB’s current environment while implementing a comprehensive risk management solution across the bank” said Shawn McMorran, Almonde ceo. The Saudi Investment Bank (SAIB) is a full service wholesale commercial bank specializing in financing the requirements of sophisticated private sector companies. SAIB provides a full range of personalized and professional banking services to financial institutions, corporations and individuals.
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.