SunGard Treasury Systems has announced that Danfoss, based in Denmark, has implemented SunGard’s AvantGard-ETX to provide secure real-time connectivity to its banks: Citibank, Danske Bank and Deutsche Bank. Danfoss has used AvantGard-GTM as its core treasury management system since 1999 and it has helped increase operational efficiency of treasury operation, particularly through the implementation of its multi-lateral netting module.
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.