Bank Julius Baer is using the FX – Web solution from Wall Street Systems to give its internal asset managers direct access to its trading environment via a web-based tool. The service will be made available to Bank Julius Baer’s external asset managers in the next phase of this project. The bank hopes to increase productivity of its FX sales desk by eliminating the need to enter trades and transactions, which had become an issue following Bank Julius Baer’s recent purchase of three private banks. Wallstreet FX – Web accepts rates from third party feeds and calculates margins when quoting prices in real time. The bank’s asset managers can also execute small to medium sized transactions and allocate trades.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.