SunGard has acquired California-based, Aceva Technologies, a provider of receivables management software solutions. The acquisition of Aceva extends SunGard’s AvantGard solution suite for collaborative financial management into the On Demand, Software as a Service (SaaS), hosted solutions and business process outsourcing spaces. The acquisition, the terms of which were not disclosed, is not expected to have a material impact on SunGard’s financial results.
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.