Bancolombia has selected Murex’s MX.3 as its new treasury and risk management front-to-back office solution. The platform provides Bancolombia with an integrated cross-asset trading and risk management solution for FX and money markets cash and derivatives, fixed income, emerging market products, interest rate derivatives and credit derivatives. The company has also set out plans to improve the delivery of successive releases of MX.3 to its customers while ensuring consistent level of quality: multiply by three the global capacity to roll-out Murex solutions, halve average delivery time and extend the company’s Quality Assurance process to cover implementations at customers’ sites.
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.