The comprehensive package offers treasury managers a powerful, integrated solution for the entry, monitoring, confirmation and settlement of foreign exchange trade activities including spots, forwards, swaps and options. ProFX offers Treasury managers a powerful risk management tool to help minimize their corporations’ foreign currency exposures. Remote divisions at large multinational companies can easily feed a variety of foreign exchange transactions into ProFX to create reports on their current positions and exposures. It is available as a standalone system or integrated with SunGard Treasury Systems’ ResourceIQ2 and ICMS/TS treasury systems. With ProFX, users can generate trade confirmations, track outstanding contracts and exposures, monitor and analyze currency positions, perform mark-to-market calculations, and generate required accounting reports and payment instructions.
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.