Reval, a provider of risk management and regulatory compliance services, has agreed an alliance with Gateway Systems, Inc., the Illinois-based cash management systems provider. Under the Alliance, Gateway Systems will co-market Reval’s financial risk management and FAS 133 module to Gateway’s existing client base of approximately 14,000 installed users. Reval’s full derivative hedging and risk management services are being used by a number of Fortune 1000 companies to manage large, sophisticated portfolios and can be deployed via the Internet or as an integrated in-house solution at the client site. Gateway Systems’ centralized cash management with in-house banking capabilities has already been utilized by numerous large institutions including: General Electric and their subsidiaries worldwide, The Prudential Insurance Company of America, The US Air Force, TD Waterhouse, Walgreens, and several key banks that redistribute Gateway products under their own private labels.
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.