Wall Street Systems announced the launch of its enhanced CLS Third Party Module with Raiffeisen Zentralbank (RZB) in Singapore. The solution enables the Raiffeisen Service Center (RSC), RZB’s back office outsourcing entity located in Vienna, to provide a complete CLS solution for its Singapore branch, reducing operational and credit risk for the bank. Wall Street Systems and RZB worked closely to provide an enhancement to the functionality to enable the filtering of CLS transactions to the central back office of the RSC which in turn automatically confirms all CLS-related transactions to the bank’s third party provider, UBS. RZB has been live as a CLS third party user with UBS since January 2005.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.