The Royal Bank of Scotland (RBS) has launched the Liquidity Solutions Portal (LSP), which offers corporates a platform to view and control cash balances in multiple currencies through a single portal in real time. LSP allows clients to forecast their cash positions and make effective investment and liquidity management decisions in real time. The service offers consolidated information on all operational and investment balances and rates, allowing clients to execute and redeem investments.
Steve Everett, head of international liquidity management, global transaction services, RBS, said: “We have had great success in the take up of this product. It enables our clients to maximise returns on cash, reduce treasury management costs, while as the same time meeting internal risk management. It is our objective to provide innovative solutions that are simple and those that avoid complex and time-consuming processes, while at the same time providing the best working capital practices.”
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.