Fortis Bank Global Clearing N.V. (FBGC) has licensed the TwoFour System to automate the current and anticipated needs of its global treasury cash management business. TwoFour is a high volume, multi-asset solutions provider to buy and sell side financial firms. FBGC’s rapidly expanding business will use TwoFour to:
- Streamline and simplify the processes of proactively managing cash flow and funding needs.
- Perform real-time ‘what if’ analysis.
- Provide greater efficiency and effectiveness managing FBGC nostro account balance positions.
- Maintain and improve information and reporting quality levels.
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.