Sun Microsystems has announced the availability of a ‘dynamic on demand’ financial risk simulation and pricing service from Network.com that is offered by CDO2. The new version of the CDOSheet application delivers pricing models and risk analysis technology to AC Capital Partners. The provider claims this is secure and cost effective. Financial modelers can run simulations directly from their desktops without any awareness of the advanced grid computing technologies powering the service as the application utilizes newly introduced Sun Grid Compute Utility features, including programmatic access to the grid and secure bidirectional data transfers over the Internet, that aid the deployment of grid applications to the end user.
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.