SEC SERVIZI has gone live with a new data warehouse solution in compliance with the Basel II directive, meeting the deadline set by the Bank of Italy. The solution, which is based on the Microsoft SQL Server 2005 and developed in collaboration with Microsoft’s partner, RDB and Open Systems, should allow customer banks to run credit risk analysis, provide certified data and reports to their risk management desks, and collect and manage all the required information to comply with the EU financial markets directive. The project started in May 2006.
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.