OKO Bank in Helsinki, the Central Bank for Finland’s OP Bank Group co-operative and one of the country’s largest financial institutions, has chosen Misys Loan IQ to manage the bank’s agent responsibilities for its portfolio of syndicated loans. The agreement comes after a six-month evaluation period of available syndicated lending solutions and in-house development capabilities. It further extends a five-year relationship between the two businesses, following the bank’s treasury and capital markets operation’s deployment of Misys Opics to handle its trading in derivative instruments. The new Misys Loan IQ solution is expected to go live in October this year.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.