Kiodex, Inc., a provider of Web-based risk management solutions, announced that American Airlines, which has been a beta customer for over three months, has selected the Kiodex Risk WorkbenchSM to replace another provider in helping manage its exposure to volatile fuel prices. Several more announcements of beta program participants becoming full customers are expected in the near future. Other participants included a cross section of Fortune 1000 corporations representing the Airline, Chemical, Railroad, Food and Beverage, and Oil and Gas industries.
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.