Lloyds TSB Corporate Markets has added Reval’s HedgeRx derivatives risk management solution to its client product suite. The system uses regression analysis to test hedge effectiveness of interest rate, foreign exchange and commodity derivative products. The product will be used to demonstrate hedge effectiveness prospectively, enabling the bank to present IAS-39 friendly hedging solutions to its customers. It will also be used to demonstrate the numerical impact of not achieving hedge accounting. This latest rollout is a further step in the bank’s strategy to expand its client solutions capabilities and aids clients implementing option-based hedging strategies.
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.