Fortent has selected IBM as its managed hosting partner in preparation for the launch of a hosted version of its anti-money laundering (AML) solution. Fortent’s new AML product, available this spring, will be the first in a series of compliance applications, including KYC and fraud detection, that the company will offer on a hosted basis later this year. Fortent’s AML solution will be hosted at IBM’s strategic data center in Columbus, Ohio. Under the terms of the contract, IBM will provide continuous monitoring and operational support for database administration, server administration, business continuity planning and services, data center and information security monitoring, and advisory services.
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.