Virgin Atlantic has chosen SunGard’s AvantGard-Quantum and AvantGard-Risk systems for its group treasury function. Commenting on the selection, Alex Harris, group treasurer of Virgin Atlantic, said: ‘We have a fundamental need to know our true liquidity position at any point in time and the key data that will enable us to effectively manage our market, credit and operational risk.’ AvantGard-Quantum and AvantGard-Risk will provide an integrated solution for liquidity and risk management and increase automation, according to SunGard.
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.