BNP Paribas North Asia has gone live on SS&C’s 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, uses TradeThru to process BNP Paribas’ securities, money markets, foreign exchange (FX) and derivatives asset classes. The North Asia implementation, servicing Manila, Seoul, Taipei, Shanghai and Beijing, follows Mumbai and Geneva as the third BNP Paribas implementation to migrate to TradeThru. Following the go live date, approximately 170 BNP Paribas professionals use TradeThru in five North Asia offices.
“We are now moving towards our goal of operational excellence, and our latest investment in TradeThru for our North Asia operations is another step in sustaining our long-term relationship with SS&C,” said Nicolas Hazebrouck, head of IT asset liability management and local FX back office, BNP Paribas. “TradeThru is helping us introduce more consistency and efficiency around our trading operations and client service.”
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.