The Thomson Corporation is to acquire Selkirk Financial Technologies. The financial terms of the transaction have not been disclosed. Selkirk provides solutions for managing liquidity, forecasting cash flow, consolidating bank information and mitigating risk. ‘We’re confident that the acquisition of Selkirk will improve our ability to provide our customers with integrated treasury solutions, and enable us to gain momentum in this market,’ said Kevin Marcus, president at Thomson.
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.