SES Global, the newly formed parent company of SES Americom, based in the US, and SES Astra, based in Luxembourg, has been unveiled as their latest client by Integrity Treasury Solutions. SES Global is forming a global treasury in Luxembourg to manage European and US cash, and have selected integra-T.com to support the operation. SES Global is the world’s leader in global satellite communications. Their satellites provide first-class, worldwide broadband communications: audio-visual broadcasting, feeds for cable networks, Internet trunking and IP multicast, corporate networks, network facilities and telecommunications services. SES Global will be using the following modules: Foreign Exchange, Money Market, Debt, Derivatives/Hedging, Intercompany, In-house banking for bank pooling and sweeping, Cash Management and Liquidity Forecasting, Data Transfer Services, Scheduler and Multi-lateral Netting for intercompany exposure capture, hedging and netting.
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.