Gissing Software has entered into an ongoing partnership with Fingertip Developments, software specialists for the financial markets, to deliver straight through processing (STP) for the current and future functionality of the International Capital Market Association’s (ICMA) service, TRAX. Gissing Software and Fingertip Developments have been working together to supply Moscow Narodny Bank Limited (MNB) with Gissing Trade Capture and Fintracker to enable STP. MNB operates the combined solution to support its use of TRAX, which matches trades between counterparties and forwards trade details to the appropriate regulatory bodies. By combining technology from Gissing Software and Fingertip Developments, MNB has a platform on which to complete its reporting and support its bond business.
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.