SunGard has announced that New York-based ACA Capital Holdings, a specialized financial services company, has selected SunGard’s AvantGard for treasury and cash management. ACA Capital selected the treasury solution to automate its cash management process on account of AvantGard’s functionality and ease-of-use. It also selected AvantGard ETX, SunGard’s real-time messaging network that connects existing treasury management processes within an enterprise to those of third party systems, helping provide corporate customers secure and reliable straight-through processing. Meanwhile SunGard has also announced that Germany’s Tchibo Holding AG, a retail and consumer goods company, has selected SunGard’s AvantGard for its treasury centre in Hamburg.
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.