Following an evaluation of systems, Australia’s Challenger Financial Services Group is to upgrade its use of SimCorp Dimension by licensing Order Management3 to manage its front-office operations. The recently released software replaces the existing Dimension order management system. SimCorp say that it supports the full trading lifecycle and is designed to support a flexible and fast-moving trading room environment. With this implementation, Challenger is continuing to use SimCorp Dimension across its investment management operation, from front to back.
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.