European pharmaceutical company ScheringAG will implement Trema’s Finance KIT to enhance its treasury, risk, cash and asset management operations. The solution has been employed to handle Schering AG’s treasury and asset management requirements, including non-Euro currency exposure and the activities of the Schering AG Pension Trust. Schering AG intends to use Trema Finance KIT for a variety of asset classes including FX, emerging market bonds, equities, and derivatives. Trema’s General Ledger Module will complement Schering AG’s SAP-based accounting.
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.