The MINT SwiftNet Funds solution for the new SwiftNet XML-based messaging service for the investment funds industry has been launched by SunGard. The MINT SwiftNet Funds solution gives distributors, investment managers, transfer agents, administrators and custodians the ability to automate and standardize processes in the investment funds industry. The SwiftNet Funds service from Swift caters for both domestic and cross-border fund distribution flows in Europe and Asia Pacific and is based on the new UNIFI (ISO20022) standards covering account openings and maintenance, orders, status, confirmations, transfers, transactions and holdings statements, price reporting, cash flow reporting, commission reporting and static prospectus data.
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.