OneVue’s CEO Connie Mckeage has confirmed that the company has reached agreement with the Hong Kong-based WealthCraft to acquire 50% of WealthCraft Systems, the operating subsidiary of WealthCraft.
The two organisations worked together on the WealthCraft Pension Administration Service (PAS) that was launched at the Sibos conference in Hong Kong, and billed as the first fully-automated, SWIFT-enabled pension administration system in the world.
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.