VocaLink has joined SWIFT’s partnership programme. This commercial agreement will enable the two companies to share market intelligence, develop joint sales and marketing plans and work together on new products and services. It will also give VocaLink access to SWIFT’s extensive customer base, including over 8,300 banking organisations, securities institutions and corporate customers in more than 208 countries. The two companies are also planning to bring SWIFT Transmission Service (STS) to a wider market. STS was created by VocaLink to offer its customers the SWIFTNet messaging service for financial institutions. In addition to the SWIFT programme, VocaLink has also signed a partnership deal for Axway to provide a gateway for VocaLink’s clients to access its euro services and other VocaLink service. Also, WestLB and VocaLink, the have signed a cooperation agreement for processing SEPA payments.
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.