Fiserv has announced that Investment Technology Group (ITG) has selected its Accurate solution to provide financial controls for all of its European operations. Using the solution, ITG will now have the ability to perform a variety of cash and securities reconciliations including stock, nostro and broker execution/allocation. ITG also plans to use the solution to automate the exception management process around these reconciliations and provide daily management level reporting.
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.