Nutreco Holding has selected IT2 Treasury Solutions’ treasury management system to support its cash, treasury and hedge accounting requirements. Nutreco selected IT2 to supply an integrated best practice solution for front and back office treasury operations. The solution will manage FX exposure analysis and hedging, external and inter-company financing, interest rate hedging, cash forecasting and intercompany payables netting. The implementation will be integrated with the company’s banking system, with the market data provider, and with a deal trading portal, as well as Nutreco’s ERP and consolidation systems. Hedge accounting will address net investment hedging, in addition to FX and interest rate cash flow hedging.
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.