FLSmidth & Co, a Danish total supplier of cement technology and equipment, has selected SunGard’s AvantGard for its central treasury operation in Copenhagen. AvantGard will provide integrated treasury and risk management and standard hedge accounting across the group. Rather than upgrade existing in-house systems FLSmidth & Co wanted an integrated treasury solution to help improve treasury and management reporting and compliance and control. FLSmidth & Co has selected SunGard’s AvantGard as its core treasury and risk reporting platform and also AvantGard-ETX to help provide secure real-time connectivity with one of its banks.
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.