Qumas has launched a compliance solution that highlights the core activities that fall under compliance and serves as the underlying framework for the company’s technology and pre-configured suites. According to the company, financial services organizations can review, correct, document and report compliance information and take corrective actions and, therefore, treat compliance as a single unified process rather than as a series of silos that vary with department or regulation. Qumas plans to release several pre-configured suites during the course of the year that address specific components of the automated closed-loop compliance process. The Policies and Procedures Suite is the first in this series that will enable companies to realize the full benefits of an automated closed-loop compliance process. Depending upon the maturity of its existing compliance programme, a company can purchase one or all of the suites.
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.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.