For years technology has played a vital role in the recruitment industry. Any recruiter will tell you the huge value of an effective and easy-to-use data management system. Indeed, having immediate access to the contact details of that ideal candidate can mean the difference between making a high value placement and losing out to a competing agency, so the value of getting the tech right can hardly be overstated.
Ever since the impact of the US sub-prime mortgage crisis began to ripple through international financial systems, there have been cries from many people, politicians and institutions for a major rethink of the way that the financial system operates and the degree to which the sector needs to be regulated. Today many politicians including President Obama are arguing for the virtual rebuilding of the sector, with strict rules on the allowable practices, and even the allowable size of financial institutions. Today we’ll be looking at just one particular aspect of the new moves towards financial regulations, the European Union’s “Solvency 2” requirements.
As you couldn’t possibly have failed to notice, January 2010 has seen Britain experience some of the heaviest snowfall in recent memory. Up and down the country roads have been blocked, schools have been closed, workers have been complaining and kids have been wondering what all the fuss is about and just enjoying it.