Orbian Corporation, the Norwalk, Connecticut and London-based supply chain finance solutions company, has broadened the scope of its IT2 implementation to support its treasury management capabilities in connection with Orbian’s funding of a major new European client. Orbian uses the IT2 system to track and manage its treasury and cash flow requirements, its interest rate and foreign exchange risk, and to generate treasury and management reports, thereby supporting Sarbanes-Oxley compliance. The expanded IT2 environment supports multicurrency operations, as Orbian expands its payment capability beyond US dollars and Canadian dollars.
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.