Sapient Global Markets has launched Close of Business Service (CoBS), a fully managed end-of-day reporting service for capital and commodity markets firms. The solution is designed to reduce end-of-day reporting costs while improving overall risk control and profit predictability.
CoBS is an automated, standardised reporting solution to manage all operational activities required for close-of-business reporting. It also provides clients with real-time dashboards that provide visibility into all aspect of the operations process. The solution is designed to ensure that all business transaction information – including profit and loss (P&L), position, mark-to-market, and cash flow data – from across every trading location has been correctly gathered and processed for end-of-day reports.
Next April’s deregulation of the water industry could benefit commercial customers in England if they plan ahead, it is claimed.
An extensive letter submitted to US Secretary of the Treasury Jack Lew by Treasury Strategies spells out a list of concerns over the proposed regulation.
An estimated US$1.3 trillion credit gap has opened up in the global foreign exchange market due to stricter regulation, less appetite for risk and the falling number of prime brokers
In episode two of the FinTalk podcast we talk to long time business partners and co-founders Michael Kent and Ricky Knox about building the next generation of banking and financial services.