After five years of using FRSGlobal’s Regulatory Reporting (FiRE) solution, Indian Bank, Singapore Branch, has announced that it will be upgrading to the company’s new consolidated risk and regulatory platform, FinancialAnalytics. FRSGlobal says that the platform is capable of supporting Indian Bank with future risk requirements using the same platform, therefore saving time and investments in selecting, procuring, interfacing and implementing another system for this purpose. Indian Bank, Singapore Branch, says it is happy with the company’s ‘Subscription Model’, which it hopes will protect it from additional expenses in addressing regulatory changes – particularly the introduction of reports by the Monetary Authority of Singapore (MAS).
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.