Anglian Water Services has selected Reval’s HedgeRx for interest rate and foreign exchange risk management and IAS 39 reporting. As part of the deployment, Reval will build indexed linked functionality so that Anglian Water can manage its retail price index linked exposures. As the main operating subsidiary of AWG, it provides water services to 4.7 million people across East Anglia and the East Midlands, supplying more than 1.2 billion liters of water daily. The company also provides sewerage services to 5.5 million people. Reval now provides services to five utility companies based in the UK.
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.