Tasmanian Public Finance Corporation (TASCORP), the central borrowing authority for the State of Tasmania, has completed a migration to a new AvantGard Quantum production database for its treasury management. The project was carried out within budget and scope at TASCORP’s offices in Hobart. Since 2002, SunGard has assisted TASCORP to consolidate and centralise its treasury management operations, offering front-to-back integration, and a high degree of automation, control and visibility. SunGard’s AvantGard Quantum treasury management system encompasses dealing, risk management, position-keeping, settlement and reporting functions. Paul Fitzgerald, senior manager, Operations at TASCORP, said: “All of our aims have been achieved, including turning on mark-to-market accounting in time to comply with IAS39.”
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.