RWE, the European utility company, has chosen Nordic Financial Systems (NFS) to evaluate and implement Trema’s hedge accounting module to meet stringent IAS 39 guidelines. NFS, supplying critical technical and business resources, will analyse RWE’s hedging requirements under IAS 39, evaluating them against the functionality provided by Trema’s hedge accounting module. RWE, with revenues in excess of E43bn, already deploys Trema’s solution Finance KIT for cash, treasury, risk and asset management.
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.