Odyssey has announced plans to rollout its centralised and customisable Enterprise Data Management (EDM) solution to tier one financial institutions and small to medium sized organisations across the wealth and asset management sectors. As part of its EDM development, the company has strengthened its EDM team with the appointment of senior industry specialists to support its global network of offices. The solution provides referential data centralisation, administration and distribution. It is designed to consolidate data administration into a single solution that acts as a data hub for existing and new applications, enabling more efficient use of proprietary and third party data and significantly reducing data management costs. The company claim that the solution centralises the data collection and administration of common and duplicated data such as instrument, business entity and infrastructure data.
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.