Fortis Bank’s supply chain management solutions have provided more that £250m-worth of funding to its UK clients so far this year. Fortis Bank’s supply chain management provides finance and process management support to medium-sized enterprises, mitigating risks and maximising cash flows throughout the trade cycles – from the point of placing an order right through to the physical receipt of payment. This year’s high volumes point to a growing demand among UK medium-sized companies for finance and process management solutions that complement every stage of their international trade cycle. “The performance of our supply chain management solutions is indicative of the direction in which the market is moving,” said Paul Cardoen, managing director of Fortis Bank Commercial Banking UK. “Our clients are telling us they need flexibility, speed and a genuine understanding of their business and finance requirements. They do not want off-the-peg products and companies are right to expect more than that. The trade cycle of every business is unique and requires a flexible combination of finance and process management.”
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.