Element Financial has appointed Karen Martin as treasurer. The appointment will take effect on 4 September 2012.
Martin joins the Canadian equipment finance company after serving in various senior management, treasury and finance positions at a number of private and public financial services companies over the past 25 years, including eight years at Xceed Mortgage, where she was president and chief financial officer (CFO). Prior to joining Xceed, Martin served in a number of management and treasury positions with Canadian Imperial Bank of Commerce.
Martin holds a Bachelor of Arts (BA) from the University of Western Ontario, is a certified management accountant (CMA) and a certified financial analyst (CFA) and has earned the professional independent director designation (ICD.D) from the Institute of Corporate Directors (ICD) and the University of Toronto’s Joseph L Rotman School of Management.
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
The top five sectors Asian fintech investors are interested in are data analytics, blockchain, lending, payments and regtech, according to Gary Hwa, EY regional managing partner.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.
Kicking off day two of the Singapore Fintech Festival, Deloitte Chairman David Cruikshank said that fintech is significant for three reasons. First, customer expectations of services are higher than ever. Second, barriers to entry are lower than before. And finally, financial institutions (FIs) face a threat of what a competitor might do.