Kiodex, Inc., a technology company that provides a Web-service platform for corporate risk management and financial reporting, has announced Virgin Atlantic Airways, the UK’s second largest long haul airline, as the newest customer of the Kiodex Risk Workbench(SM). Raj Mahajan, Kiodex President. said ‘As a Risk Workbench customer, Virgin is using our technology to develop advanced jet fuel hedging strategies resulting in significant cost savings on their energy expenditures.’ The Kiodex Risk Workbench(SM) integrates valuation models, risk reports, independent market data, and deal capture into a single Web-based.
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.