NEOMAlogic, a provider of Internet-based Trade Finance solutions, has added on-line document preparation and electronic presentation capabilities to the Global Trade Portal, its Internet-based trade finance system. The firm said GTP Document Management offered banks and their customers a way to handle electronic documents in compliance with the recent UCP supplement for Electronic Presentation (eUCP) of the International Chamber of Commerce. NEOMAlogic also announced that Credit Lyonnais had selected its Global Trade Portal to expand the bank’s web-based trade finance services. Global Trade Portal is a tool for the management of on-line Letters of Credit, Documentary Collections, Financing, Guarantees and their underlying documents.
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.