Fundtech has announced that Gil Gadot is the new managing director of Fundtech Asia-Pacific. Gadot is a co-founder of Fundtech and most recently held the position of executive vice president and CTO. He has a track record of growing Fundtech’s business through new product introductions and geographic expansion. Fundtech’s presence in Asia-Pacific includes nearly 400 employees located in India, Singapore, Japan and Australia. The company has 37 clients in 14 countries using products such as cash management, global payments, CLS and financial supply chain solutions.
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.