Philippine Veterans Bank (PVB) has successfully implemented Misys Opics Plus. With a rapid three-month implementation, the bank hopes to expand the range of products it can offer its customers and broaden the functionality of its treasury operations. The Misys Banking Systems team has completed the first implementation phase, going live with FX, fixed income, deposit and loans, nostro and cash management, and multi currency accounting modules. Misys Opics Plus is the latest version of Misys Opics, based on an n-tier, .NET architecture. The bank is already using Opics Plus for its foreign exchange transactions and the team is planning a further roll out to cover FX futures and swaps. With Opics Plus, Misys claims the bank is able to process higher volumes of transactions and to support more complex instruments to support its growing business. The next phase of implementation will also see further modules of Misys Opics Plus in use, including analytics and customer credit.
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.