Reuters has launched DataScope for Counterparty and Compliance, to provide financial institutions with access to the counterparty and trading entity data they need for the verification of trading partners. Increased regulation means financial institutions must be able to identify the origins of each transaction and trading counterparty, and recognise issues such as their total exposure to other institutions. Delivered via the existing Reuters DataScope Select platform, the new product is designed to offer faster customer sign-up, transparent internal reporting, and an ability to calculate investment exposures. It also provides data that users can audit at the source, including sanctions and enforcement list information and the ability for users to make requests for additional coverage.
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.