Fortent has introduced a hosted version of its advanced anti-money laundering (AML) system for financial institutions. Delivered in partnership with IBM, the company claims that its new hosted AML solution offers a lower cost and faster implementation timetable with the same approach and results as its predecessor. Fortent Hosted AML is the first in a series of compliance applications, including KYC and fraud detection, which the company will offer on a hosted basis. Designed to meet the needs of small and medium-sized enterprises (SMEs), the new solution has a delivery mechanism that is more affordable than previous offerings.
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.