BNP Paribas in Mumbai has migrated to SS&C Technologies’ TradeThru, a trade processing solution for commercial banks, central banks and corporate treasuries, for enhanced flexible reporting and operational efficiency gains.
BNP Paribas, a SS&C client since 1989, has upgraded from SS&C’s Trading Assistant to TradeThru to take advantage of its back office trade processing capabilities. The Mumbai office follows the Geneva location as the second BNP branch to migrate to TradeThru.
“The migration provided us with new features that enhance our workflow management, and with the Oracle Database configuration, we have capitalised on TradeThru’s simple and flexible reporting capability,” said Nicolas Hazebrouck, head of asset liability management and local foreign exchange back office, BNP Paribas. “The decision to select SS&C was an easy one. As always, their client services support was world class and unparalleled during this migration. Not only did we receive enhanced functionality, it occurred in an easy fashion without negatively impacting our operations.”
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.