Competition and revenue pressures are driving financial institutions in Europe and Asia to seek out Internet-based cash management systems according to a new report from Meridien Research. International cash management solutions that serve multiple business segments from a single platform will achieve better investment and market objectives and several vendors have this growing market clearly in their sights. ‘Financial institutions strapped with legacy cash management systems or implementing cash management for the first time will be seeking flexible adaptive solutions that allow them to achieve return on investment more quickly,’ said Maggie Scarborough, Senior Analyst at Meridien Research. ‘Adoption of next generation platforms in the next 18-24 months will tell whether or not one package can serve all.’
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.