SunGard has released version 10.0 of its InTrader fixed income processing solution. InTrader 10.0 includes multi-currency processing, money market amortization and non-business day accrual option capabilities, as well as enhanced interest rate indexing. According to SunGard the version was developed as a result of customer focus group activities. New capabilities allow it to process non-US dollar denominated fixed income securities, including all instrument and portfolio types, such as single-currency repurchase agreements. It also includes improved accounting of brokered money market instruments, such as commercial paper and certificates of deposit, by supporting the issuance of instruments at prices other than par to allow for the proper amortization or accretion of the discount or premium.
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.