Heritage Building Society (Heritage), Australia’s largest building society, has selected SunGard’s AvantGard for its treasury requirements. AvantGard-Quantum and AvantGard-Risk will be implemented at Heritage’s head office in Toowoomba, Queensland. AvantGard-Quantum will help Heritage to consolidate and streamline its treasury management operations. In addition, AvantGard-Quantum’s hedge accounting functionality will help Heritage to comply with the new international accounting standard (IAS 39) that came into effect in 2005.
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.