Cognotec announced that it has become a member of the TWIST (Treasury Workstation Integration Standards Team) multi-company working group. TWIST is a working group of 19 companies formed and led by the treasury operations department of the Royal Dutch/Shell Group and is focused on creating standards to facilitate an efficient, controlled and open dealing marketplace for foreign exchange (FX) and other cash market instruments. TWIST is a coalition that brings together representatives from corporate treasury departments, large banks, leading providers of treasury workstation solutions and exchange trading platforms.
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.