SimCorp has signed First Quadrant, an investment management firm headquartered in Pasadena, CA, as a client. First Quadrant will use the integrated software solution, SimCorp Dimension, for back office operations for its investments. Since First Quadrant uses a number of financial products to meet its clients’ investment objectives, the company hopes that the solution’s central database and modules will provide a breadth and depth of functionality, along with an ability to scale and adapt as its needs, and as its clients’ needs, change.
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.