Two new clients have signed up to use City Financials’ eTC treasury management system. UK engineering company The Weir Group says it chose eTC because the group needed IAS39 compliance for its worldwide foreign exchange activity, and because it needed to centralised visibility of all group-wide treasury activity. Australian client, Bell Commodities, says it plans to use eTC for processing the foreign exchange requirements of its clients including direction interaction via a web browser. “Signing clients in Europe and Australia demonstrates the appeal of eTC to users regardless of location or functional requirements,” said City Financials’ managing director, Steve Whalley.
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.