Ocwen Financial Corporation has licensed the Quantum Treasury Management Solution for use in their corporate treasury center located in West Palm Beach, Florida. Quantum will provide Ocwen with an integrated solution for cash management, treasury management, risk management, and accounting. Ocwen Financial Corporation is a financial-services holding company engaged in diverse real estate activities, including acquisition of distressed commercial and residential properties, discount loan acquisition and resolution, and loan servicing for others. Ocwen Corporate Treasury is responsible for cash positioning, cash forecasting, debt, investment and securities management, funds movement, and transaction accounting for all Ocwen subsidiaries.
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.