CheckFree Software has launched TradeFlow TPM 2.0, a transaction process management solution. With this software platform, CheckFree hopes to enable global securities firms to manage transaction processing across an enterprise via a single straight through processing (STP) hub. TradeFlow TPM 2.0 is a next-generation STP solution that combines messaging, workflow and exception management capabilities in a single, integrated, technology platform. The company said that TradeFlow TPM 2.0 would enable global securities firms to manage the entire post-trade securities process across multiple departments and regions in real-time. CheckFree said that using the solution as a global financial messaging hub, securities firms could improve operational efficiencies and reduce the risk of settlement failure, while maximizing their intra-day assets through real-time positions management.
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.