The Dixons Group, Europe’s largest electronics retailer, has gone live with its new treasury management system one month ahead of schedule. Its SimCorp IT/2 system now supports the firm’s central corporate treasury department, based in England, as well as subsidiary treasury departments in the Isle of Man and Norway. ‘The implementation process was very successful,’ says Matthew Hurn, assistant treasurer for the Dixons Group. ‘Not only did we implement ahead of time, but we were also within budget.’
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.