Callataÿ & Wouters has launched Thaler Direct Savings Bank, a front-to-back office Internet banking solution that enables banks to implement Internet banking facilities in as little as four months and attract stable, widely spread funding. The company says that, with the solution’s complete front-to-back office functionality, bank customers can be more self-sufficient while achieving high levels of operational efficiency with the straight through processing of orders. With customers managing and servicing all aspects of their accounts independently, banks can streamline customer interaction, allowing them to minimise overheads and pass on considerable incentives and savings. Banks can also benefit from pre-tailored country-specific capabilities to meet local regulatory and reporting requirements, facilitating the swift expansion into additional territories. The solution can be installed on the bank’s own servers or through a Software as a Service model.
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.