In the second quarter of 2005 UNIQA Versicherungen AG went into production with SimCorp Dimension and will use the system to publish the semi-annual financial statement 2005 in accordance with local Austrian GAAP and IFRS. SimCorp Dimension says it is providing the large Austrian insurer with a standardized, cross-national solution for asset management, international accounting and risk management. The implementation of SimCorp Dimension has enabled UNIQA to unify the IT landscape in the areas of securities management and IAS reporting. The new system provides the overview and pricing of UNIQA’s capital investments in real time – for their individually managed holdings as well as for the assets managed by investment companies. The UNIQA group is one of the leading insurance groups of central Europe and market leader in Austria.
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.