Banque de France is now live with Trema’s central banking solution; replacing its legacy systems with a single platform to support its FX operations, reserve management, domestic portfolio management, as well its monetary policy operations. The bank is the first of Trema’s central banking customers to use the solution for both reserve management and monetary policy. The bank’s use of Trema’s latest Central Banking Accounting Module (CBAM II), also used by Central Bank of Finland (Suomen Pankki), means that it is also one of the first two central banks within the European System of Central Banks (ESCB) to fully bring itself in line with revised Eurosystem accounting standards drawn up by the Governing Council of the ECB. National Central Banks of the Eurosystem as well as the ECB have to comply with these revised standards from 1st January 2007 at the latest.
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.