SunGard Treasury Systems has signed an alliance with WISDOM Technologies, developers of decision support software. The deal will see WISDOM’s CFO Strategist Finance product added to the SunGard portfolio of treasury management solutions. CFO Strategist Finance uses internal information such as cash position, market data, cash forecasting and treasury policy to calculate and assess the costs/benefits of multiple internal and external cash management strategies on a daily basis. It then recommends an optimal investment or borrowing strategy to help maximize returns or minimize costs. The software also contains a simulation module that allows treasury managers to run various scenario analyses on their portfolios.
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.