HSBC has selected Temenos as its partner to co-develop its next generation of international core banking software. HSBC and Temenos will combine their technology resources to build HSBC’s new international banking platform, based on the onward development of the Java version of Temenos Core Banking. The two parties will integrate their extensive international banking software development experience into the joint venture. This partnership will realize the core banking technology component of a much broader initiative to reengineer the bank’s existing HSBC Universal Banking system currently deployed in 63 countries.
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.