SWIFT has selected Solutionforge’s Fix.Net trade execution management solution. Solutionforge is a provider of Fix-based straight-through processing solutions and SWIFT said the move was aimed at accelerating the adoption of Fix. Launched in 2003, SWIFTNet Fix is SWIFT’s offering to the financial community for pre-trade and trade messaging, enabling customers to support the full trade cycle over one physical connection to SWIFT. Despite the benefits afforded by SWIFTNet Fix, small to mid-sized firms are often prohibited from using the network due to the cost and complexity of implementing one of the larger Fix-based trading systems.
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.