New clients from the energy and airline sectors have signed up for Risk WorkbenchSM, Kiodex’s flagship risk management service. The five energy-industry players are Cinergy Corporation, Encore Acquisition Company, Enserco Energy, Florida Power and Light Energy Power Marketing, and Halron Oil Company. Air Jamaica, TACA (Transportes Aéreos del Continente Americano) and Phoenix Fuels Corporation also recently became subscribers to the web-based risk management suite. Kiodex CEO R. Martin Chavez said, ‘It was always our goal to build a platform that can be fully utilized by the most experienced hedging departments, but also is useful to those companies that previously lacked access to these tools.’
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.