As part of its international expansion, SimCorp will establish a new US subsidiary in New York City. SimCorp USA Inc. will take responsibility for marketing SimCorp’s corporate treasury management system IT/2 and for strengthening the support of the North American IT/2 customers. In connection with the formation of SimCorp USA Inc., a number of experienced consultants from SimCorp in England and Denmark will be seconded to the US. SimCorp has appointed Peter Soerensen president of SimCorp USA Inc. Peter is presently responsible for sales, marketing and support of IT/2 outside of the UK and Ireland.
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.