SunGard Treasury Systems announced that US-based Memorial Health has selected SunGard’s AvantGard-ASP solution for cash management. The system allows for cash positioning and cash ledger use, along with accounting functionality to map transactions to the general ledger. The company cited fast implementation and strong customer service as reasons for selecting SunGard when their previous supplier ceased service with very little notice. The SunGard system is delivered via an ASP-based framework and facilitates 7,000 transactions a month from 25 accounts per bank, for Memorial Health.
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.