Parkdale Mills, the world’s largest independent producer of cotton and cotton blend yarns, has selected Selkirk Financial Technologies’ Treasury Manager system as a key part of its efforts to improve treasury operational effectiveness. Parkdale’s objectives are to decrease the time dedicated to gathering, manipulating and distributing data, while increasing the quality and availability of financial management information. Parkdale has already automated much of its manufacturing operations, according to treasurer Patrick Murphy, who aims to ‘reap the benefits of automation’ following the agreement with Selkirk. ‘From their RFP response and on-site demonstration through to contract negotiations, Selkirk showed us they have the expertise and the drive to make what we want happen,’ he noted.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.