Hays, a FTSE 100 company with a turnover of £2.4 billion, has chosen SimCorp’s IT/2 to support its treasury management operation. Having recently completed implementation of the system, IT/2 is now supporting the control activity of the central corporate treasury department, including recording and helping to plan cash flow. ‘IT/2 has many more facilities than our previous system,’ said Sally Reay, controller of group financial services for Hays, ‘it will enable us to centralise all control activities, more securely and with significant time savings.’ Hays is an international group of companies that provides business-to-business support services.
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.