Microsoft and its partners have launched a new package of Markets in Financial Instruments Directive (MiFID) solutions for what it sees as the main challenges of MiFID: planning and testing; client classification; best execution; reporting; market connectivity; reference data and trade history; systematic internalisation; and systems integration. The company claim that the eight technology solutions, which can be offered as a complete package or as individual components, can be implemented according to a financial institution’s individual compliance needs. For these solutions, Microsoft has collaborated with financial services partners including Aleri Labs, BearingPoint, C.O.S., Debug Software Tailoring, Fintecs, Gissing Software, HCL, HP, Progress Apama, Qumas, Rapid Addition, Singularity, SunGard, SuperDerivatives, TAP Solutions and Xenomorph.
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.