Installation forms part of Shell’s strategy to facilitate the centralisation of treasury operations and to increase the ‘risk management’ sophistication in the treasury environment – something that the company’s existing systems were unable to provide. Quantum was selected after an extensive review of banking and corporate treasury systems. According to David Jackson, Shell’s London-based project manager: ‘Quantum was the only system able to provide the required level of functionality and flexibility from front office through to treasury accounting. In addition, we were able to quickly develop a good working relationship with GIS which gave us the extra confidence that we were selecting the right solution.’
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.