SunGard Asia Pacific announced that Philippino bank International Exchange Bank (iBank) has selected SunGard’s BancWare Basel II Capital Manager. SunGard will provide iBank with a solution for its risk management, Basel II compliance, and performance management information requirements. SunGard said its suite of asset and liability (ALM) and Basel II products would help to strengthen iBank’s risk and performance management processes and help to place it at the forefront of risk management in the Philippines. This will be the first implementation of SunGard’s B2CM solution in the Philippines.
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.