Wallstreet Treasury is now available as an online service with a newly launched integrated partner network. The core Wallstreet Treasury service costs US$800 per user per month and the company says it will provide mid-tier corporate users access to best practice functionality at a competitive rate. Test marketed this year, over 90% of new clients have chosen to subscribe to the software, instead of purchasing and running it in-house. Under this new model, clients will be able to add to the core Wallstreet Treasury solution by choosing options from Wallstreet’s integrated partner network, therefore only paying for the services they need for each user while ensuring all aspects of their treasury requirements are met through one supplier. Partners available at launch are Fides Treasury Services, Speranza Systems and Reval.
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.