The New York branch of Rabobank International has licensed the Principia System to support its municipal GIC (Guaranteed Investment Contracts) operations and meet portfolio managers’ extensive reporting responsibilities. The Principia System will help Rabobank to maintain audit trails of continually changing Muni-GIC contracts, enabling the bank to provide complex reporting and accounting functions. Rabobank will sue the system to create a sophisticated analytics framework and flexible operational processing functionality to effectively manage GICs.
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.