Korea’s Shinhan Bank is now live with Murex’s MX.3 solution for its front office interest rate derivatives and foreign exchange options activities. Shinhan Bank selected Murex in March 2007 and has now deployed the solution to front office traders and marketers in Korea. MX.3 is positioned as a cross asset platform offering functionality in each asset class. The thinking behind this is to try and integrate ‘best of breed’ and ‘integrated platform’ concepts. In addition, the company says that MX.3 provides clients with a platform delivering standard processes and coverage for standard products on all asset classes, while offering extension abilities for in-house development of value-added functionality.
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.