XRT has designed and implemented a special global treasury management and debt optimization system for Sonelgaz, that interfaces with all of its account and client systems. Sonelgaz employs the system to manage its short term treasury forecast, high-volume processing of bank and account reconciliation and complex multi-currency debt management. Following an international call for bids, Sonelgaz chose XRT for its capacity to import bank protocols as well as its functional ability. XRT’s cultural and operational closeness to Africa and the Maghreb region and its ability to establish a treasury management culture in under-equipped areas were critical factors in Sonelgaz’s decision.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.