Panmure Gordon & Co, the London-based corporate and institutional stockbroker, has chosen CheckFree Software to automate and consolidate reconciliation and exception management processes for its London-based business, within a control framework. In doing so, Panmure is extending the relationship that began with Accurate Software, acquired by CheckFree in May 2005, and consolidating its cash and securities reconciliation activity onto a single platform with improved management information across all products and business entities. Accurate’s operational risk management solution, Accurate NXG, has been deployed across Panmure’s Capital Markets operation and will support the company’s growing trading volumes.
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.