Nomura International, the European subsidiary of the Japanese investment bank, has selected COLT as its preferred network supplier to deliver data and voice services to its employees across Europe. According to COLT, as a result of the deal, Nomura (whose financial services business relies on real-time and secure communications with clients and colleagues around the world) will benefit from significantly reduced supplier numbers and a more cost-effective offering, as well as a higher performance network, for its critical business applications. COLT has also been awarded a new contract, worth more than €15m in revenues over five years, by Commerzbank. The agreement, one of the largest in COLT’s 13-year history, will see COLT manage and upgrade a major part of Commerzbank’s national and European communications infrastructure.
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.