General Motors Corp., the world’s largest vehicle manufacturer, has signed an agreement to become a client of Reval’s commodities hedging management solution. Reval has worked with GM to co-develop the commodities hedging module of Reval’s flagship product, HedgeRxTM, that efficiently manages front-, middle-, and back-office workflows associated with underlying commodities usage, starting with metals and energy. Delivered via Reval’s application service provider (ASP) platform, the new module enables corporations that hedge commodity exposures, to streamline and centralize management of its hedging portfolio; access 24/7 from multiple locations via web browser; perform risk management analyses; and comply with requirements of FAS 133.
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.