FinancialCAD announced its enhanced Fincad.net solution for providing independent, accurate financial instrument valuation technology to companies needing to improve the quality and regulatory compliance of their financial reporting. The new functionality, including expanded interest rate and commodity coverage, will make it easier for thousands of organizations to comply with the new accounting regulations, such as FAS 133 or IAS 39, that now make the reporting of derivatives at fair market value a global requirement. For service consumers, such as corporate treasuries, Fincad.net offers an outsourced financial instrument management solution. Such organizations simply apply for a Fincad.net account and get immediate access to all services on the system including the enhanced functionality to mark derivatives to market, test for hedge effectiveness and report changes in value on a quarterly basis as required by the FAS 133.
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.