The University of British Columbia (UBC) will implement SunGard’s AvantGard Treasury solution for cash and risk management, as well as to facilitate its complex debt and investment activities.
AvantGard will provide real-time access to data, detailed reporting and improved visibility to cash and risk to help UBC enhance strategic decision making. AvantGard Treasury will also assist UBC in managing its complex debt activities, in-house and with their banks.
Michael Shakespeare, managing assistant treasurer of UBC, said: “Because of the diverse set of responsibilities within our treasury operation, we needed a solution that could provide more than just traditional cash management. We selected SunGard’s AvantGard Treasury because it includes tools for in-house banking risk analysis, debt and investments. We have also been pleased with the responsiveness and level of support provided by the SunGard staff.”
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.