Plans for a new financial outsourcing service – designed to facilitate best practice management of the complete financial supply chain – have been announced by JPMorgan Treasury Services. Claiming to offer the most ‘broad-ranging’ outsourcing solution on the market to date, JPMorgan Treasury Services said the new service would supply a range of information, integration, connectivity and execution capabilities aggregating services and applications from JPMorgan, third parties and client systems. Access to the service will be through a single web-based ‘dashboard’, acting as a gateway to a comprehensive range of service components. These include traditional treasury and cash management processes, in-house banking, forecasting analysis, risk analysis solutions, quote- to- cash and procure- to- pay functions as well as trade services. The service offering is based on comprehensive research carried out with JPMorgan’s customers, a Client Advisory Board specifically assembled for the project and in conjunction with external consultants.
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.