UniCredit has signed an agreement to use S1’s corporate banking and trade finance solutions. S1 will provide these online banking applications to the bank as a hosted service, using S1’s state-of-the-art data centre.
UniCredit chose S1’s solutions based on the broad set of capabilities offered and the growing number of top-tier financial institutions using these solutions. S1’s solutions are integrated, providing single sign-on access, a unified view of customer activity, administration through a customisable portal, and personalisation to support region-specific business and transaction requirements. Both solutions provide interactive information reporting capabilities and business dashboards.
“S1’s highly functional corporate banking and trade finance products, with their tight integration and customisation capabilities, convinced us that they were the right choice to support UniCredit’s expanding global, corporate business,” said Franz Zahn, head of e-banking and access systems at UniCredit. “S1 will help our organisation further automate our corporate banking and trade finance operations and services. This allows us to continue to improve customer satisfaction and retention, while supporting our ‘multi-local approach’ to the markets we serve.”
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.