According to the terms of the partnership agreement, IBM will provide XRT with international development and marketing support to enhance its advanced technology solutions and open up new development perspectives. The certification process began in December 2000 with XRT Pilot 5 Server software. It will eventually cover all Collaborative Treasury Management solutions from XRT and is designed to validate their ease of integration with IBM hardware platforms, including ‘Netfinity ServerProven’ NT environments, AIX (RS/6000), and the ASP Prime solution center. The agreement will enable XRT to expand into new markets by providing collaborative treasury management solutions and related services to financial departments equipped with IBM servers. It will also provide IBM with growth opportunities in the treasury management market. Expansion of the companies’ distribution networks will also be a key driving force in this partnership, which will initially cover Europe and the United States.
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.