Honda Finance Europe has started live treasury management operations using Richmond Software’s Odyssey system. Honda Finance Europe has deployed the system to support pan-European funding operations, which use the issuance of Commercial Paper and Bills of Exchange as their primary vehicles. The issuance programmes are supported by bank facilities, and the system performs the arbitrage calculations, Foreign Exchange and cash management functions required by the financing operation. The second phase of the project is delivering extended integration and analytical processes, to enhance the core solution.
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.