The PC-based system, developed by The Weiland Financial Group, Inc. provides a means for banks to identify and collect fees from cash management customers. CAA/PC allows financial institutions the ability to generate analysis statements, track customers’ profitability, feed data into a profitability model and assess overall company relationships. The system is used by financial institutions throughout the United States, as well as in Puerto Rico, Australia and now, Canada. The implementation of CAA/PC will play an important role in Canadian Imperial Bank of Commerce’s continued success by effectively managing the organization’s correspondent banking relationships.
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.