Citibank Japan and Oracle Corporation Japan have partnered to provide global cash management solutions to Japanese corporate customers. The alliance will provide end-to-end cash management solutions primarily to Japanese clients with an international presence through systems interface and joint promotional activities. In response to the new J-SOX compliance requirements, Japanese corporates wanted to embed a cash management structure across their international operations. Clients will now have better visibility of global cash positions, stronger risk management and security, and more efficient cash utilisation through the interface of CitiDirect Online Banking and Citi File Xchange with Oracle Global Cash Management System.
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.