Global Financial & Remarketing Services Equipment Leasing Fund II Approved on DTCC
Global Financial & Remarketing Services Equipment Leasing Fund II Approved on DTCC
(PRWEB) March 19, 2012
Global Financial & Remarketing Services, LLC, an equipment leasing and alternative financial solutions firm, is pleased to announce that GFRS Equipment Leasing Fund II has been approved by Depository Trust Clearing Corporation (DTCC). This approval provides wealth management advisors and non-affiliated registered investment advisors (RIAs) the ability to place GFRS Fund II into their clients’ investment portfolios.
Depository Trust Clearing Corporation, through its subsidiaries, provides clearing, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks.
Founded in 2009, Global Financial and Remarketing Services is an equipment leasing and alternative financial services company that serves small and mid-size businesses by offering a hybrid of financial solutions to meet growing business needs. GFRS serves a broad spectrum of industries including the medical, telecommunications, I.T., manufacturing and energy-related sectors. According to the National Federation of Independent Business, a recent study shows that only half of small businesses attempting to borrow funds are able to obtain the capital they need. Nearly 25% are unable to receive any credit at all. At GFRS, we pride ourselves on addressing this need through personal service, quick turnaround time on funding decisions and the understanding that a business is more than its credit rating. Other services offered include structured finance and debt & equity placement for publicly and privately held companies.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
eFinancialCareers Q4 2011 Job barometer: A tale of two halves
eFinancialCareers Q4 2011 Job barometer: A tale of two halves
London (PRWEB UK) 21 February 2012
By late 2010, the global banking and finance industry had demonstrated its resilience, and by mid-2011, most of the numbers depicted an industry that had emerged from the 2008 financial crisis. By the second half of 2011, however, banks and financial institutions were impacted by the sovereign crisis in Europe and the depressed global economic outlook. The number of job opportunities for finance professionals in the UK, Continental Europe and APAC in 2011 mirrored the market, posting growth in the first half of the year, followed by a decline in the second half. In those regions, the number of job opportunities increased 4% year-on-year for the quarter ended December 31, 2011, from 7,254 average daily job postings in Q4 2010 to 7,515 in Q4 2011. Asia Pacific recorded the strongest growth (+6%) over the period, followed by Continental Europe (+4%) and the UK (+2%).
Chart : Average daily job postings in the UK, Continental Europe and Asia Pacific, Q4 2010 and Q4 2011 (please contact press office if you are unable to view the table)
Source: eFinancialCareers
Moderate growth in the UK
The number of job postings for finance professionals in the UK showed an overall year-on-year growth of 2% in the fourth quarter of 2011. The number of job opportunities declined by 8% from Q3 to Q4 2011. In a ‘normal’ market environment, recruitment activities in the Front office tend to slow down in the last quarter of the year as professionals wait for their bonus payouts before making a move. On the recruiter side, this is an expensive period to hire as they need to buy out a large proportion of their bonus to snap up top talent. This quarter’s slowdown, however, is more likely to be a reflection of the market uncertainty rather than costs or bonuses.
Top sectors advancers and decliners
When looking at Q4 2011 over the preceding quarter, positive growth in the number of job opportunities was recorded in private equity/venture capital (+6%), hedge funds (+ 6%), and compliance/legal (+5%).
Three sectors registered strong losses over the same period: operations (-28%), consultancy (-23%) and equities (-20%).
Table: Top sector Advancers and Decliners in the UK, % change in job postings by sector, Q4 2011/Q3 2011
Private Equity / Venture Capital 6% Operations -28%
Hedge funds 6% Consultancy -23%
Compliance/Legal 5% Equities -20%
Source: eFinancialCareers
The private equity sector has been more reluctant to make redundancies than other areas of finance, and has instead encouraged a proportion of partner level employees to retire to make cost-savings. This has prompted some internal promotions and therefore a need to recruit externally to replace those moving up. eFinancialCareers is also seeing pockets of hiring activity within certain sub-sectors, notably distressed-focused investors and for private equity professionals with mid-market experience.
Banks and financial services firms have been deluged with a number of new regulatory initiatives, which has increased the burden on their compliance teams. In the past, banks were reluctant to hire for non-revenue generating positions, but mandatory regulation has placed too great a strain on their compliance teams and they have been forced to bolster these divisions.
Hedge funds performance was badly affected throughout 2011, but some smaller funds have held up relatively well and a raft of start-ups throughout the year has ensured a steady uplift in the number of roles. While the larger funds have cut back headcount in recent months, there are still opportunities within technology and operational functions.
Demand for operations professionals has suffered most over the period, recording a decrease of 28% in the fourth quarter of 2011. Banks have been looking for cost-efficiencies through streamlining their operational functions. Very often this means combining back office teams across multiple platforms, a shared services model, or offshoring (or near-shoring) these functions to cheaper locations.
“It is clear that business as usual is not an option for banks and financial institutions as they grapple with a changing operating environment,” comments James Bennett, Managing Director for EMEA and APAC. “Ongoing concern surrounding the Eurozone sovereign debt and the volatility of the stock markets have ‘darkened the moods’, and as a result, the City’s recruitment activities have been focused more on replacement and restructuring hiring rather than new hires. Looking forward into 2012, eFinancialCareers believes this pattern of recruitment activity will continue until there is more clarity on some of the issues impacting financial services.”
Notes to editors
The eFinancialCareers Quarterly Barometer tracks
UK positions advertised on eFinancialCareers in sectors where there is a minimum level of 300 advertised jobs a month for the quarter. Sectors qualifying for the UK Barometer for the three months ended 31 December 2011 were Private Equity / Venture Capital, Investment Banking / M & A, Sales & Marketing, Corporate Banking, Credit, Consultancy, Research, Trading, Debt / Fixed Income, Hedge Funds, Accounting & Finance, Commodities, Derivatives, Information Technology, Equities, FX & Money Markets, Asset Management, Capital Markets, Quantitative Analytics, Compliance / Legal, Risk Management, Private Banking / Wealth Management, Operations.
For media enquiries or to arrange an interview with eFinancialCareers, please contact:
Anne Bourgeois
abourgeois(at)efinancialcareers(dot)com
M: +44 (0) 7432 736 221
About eFinancialCareers
eFinancialCareers, a Dice Holdings, Inc. service, is the leading global career site network for professionals working in the investment banking, asset management and securities industries. The website provides financial services professionals with job opportunities, job market news and analysis, salary surveys and career advice. Recruiters and employers can post jobs targeting specific sectors within the financial services industry, both buy-side and sell-side, and can search the resume database for highly qualified and specialized professionals. eFinancialCareers has a network of co-branded career sites with industry-leading trade publications and offers local websites in 19 markets and five languages primarily across North America, Europe, the Middle East and Asia-Pacific. http://www.eFinancialCareers.co.uk
# # #
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
eFinancialCareers Q4 2011 Job barometer: A tale of two halves
eFinancialCareers Q4 2011 Job barometer: A tale of two halves
London (PRWEB UK) 21 February 2012
By late 2010, the global banking and finance industry had demonstrated its resilience, and by mid-2011, most of the numbers depicted an industry that had emerged from the 2008 financial crisis. By the second half of 2011, however, banks and financial institutions were impacted by the sovereign crisis in Europe and the depressed global economic outlook. The number of job opportunities for finance professionals in the UK, Continental Europe and APAC in 2011 mirrored the market, posting growth in the first half of the year, followed by a decline in the second half. In those regions, the number of job opportunities increased 4% year-on-year for the quarter ended December 31, 2011, from 7,254 average daily job postings in Q4 2010 to 7,515 in Q4 2011. Asia Pacific recorded the strongest growth (+6%) over the period, followed by Continental Europe (+4%) and the UK (+2%).
Chart : Average daily job postings in the UK, Continental Europe and Asia Pacific, Q4 2010 and Q4 2011 (please contact press office if you are unable to view the table)
Source: eFinancialCareers
Moderate growth in the UK
The number of job postings for finance professionals in the UK showed an overall year-on-year growth of 2% in the fourth quarter of 2011. The number of job opportunities declined by 8% from Q3 to Q4 2011. In a ‘normal’ market environment, recruitment activities in the Front office tend to slow down in the last quarter of the year as professionals wait for their bonus payouts before making a move. On the recruiter side, this is an expensive period to hire as they need to buy out a large proportion of their bonus to snap up top talent. This quarter’s slowdown, however, is more likely to be a reflection of the market uncertainty rather than costs or bonuses.
Top sectors advancers and decliners
When looking at Q4 2011 over the preceding quarter, positive growth in the number of job opportunities was recorded in private equity/venture capital (+6%), hedge funds (+ 6%), and compliance/legal (+5%).
Three sectors registered strong losses over the same period: operations (-28%), consultancy (-23%) and equities (-20%).
Table: Top sector Advancers and Decliners in the UK, % change in job postings by sector, Q4 2011/Q3 2011
Private Equity / Venture Capital 6% Operations -28%
Hedge funds 6% Consultancy -23%
Compliance/Legal 5% Equities -20%
Source: eFinancialCareers
The private equity sector has been more reluctant to make redundancies than other areas of finance, and has instead encouraged a proportion of partner level employees to retire to make cost-savings. This has prompted some internal promotions and therefore a need to recruit externally to replace those moving up. eFinancialCareers is also seeing pockets of hiring activity within certain sub-sectors, notably distressed-focused investors and for private equity professionals with mid-market experience.
Banks and financial services firms have been deluged with a number of new regulatory initiatives, which has increased the burden on their compliance teams. In the past, banks were reluctant to hire for non-revenue generating positions, but mandatory regulation has placed too great a strain on their compliance teams and they have been forced to bolster these divisions.
Hedge funds performance was badly affected throughout 2011, but some smaller funds have held up relatively well and a raft of start-ups throughout the year has ensured a steady uplift in the number of roles. While the larger funds have cut back headcount in recent months, there are still opportunities within technology and operational functions.
Demand for operations professionals has suffered most over the period, recording a decrease of 28% in the fourth quarter of 2011. Banks have been looking for cost-efficiencies through streamlining their operational functions. Very often this means combining back office teams across multiple platforms, a shared services model, or offshoring (or near-shoring) these functions to cheaper locations.
“It is clear that business as usual is not an option for banks and financial institutions as they grapple with a changing operating environment,” comments James Bennett, Managing Director for EMEA and APAC. “Ongoing concern surrounding the Eurozone sovereign debt and the volatility of the stock markets have ‘darkened the moods’, and as a result, the City’s recruitment activities have been focused more on replacement and restructuring hiring rather than new hires. Looking forward into 2012, eFinancialCareers believes this pattern of recruitment activity will continue until there is more clarity on some of the issues impacting financial services.”
Notes to editors
The eFinancialCareers Quarterly Barometer tracks
UK positions advertised on eFinancialCareers in sectors where there is a minimum level of 300 advertised jobs a month for the quarter. Sectors qualifying for the UK Barometer for the three months ended 31 December 2011 were Private Equity / Venture Capital, Investment Banking / M & A, Sales & Marketing, Corporate Banking, Credit, Consultancy, Research, Trading, Debt / Fixed Income, Hedge Funds, Accounting & Finance, Commodities, Derivatives, Information Technology, Equities, FX & Money Markets, Asset Management, Capital Markets, Quantitative Analytics, Compliance / Legal, Risk Management, Private Banking / Wealth Management, Operations.
For media enquiries or to arrange an interview with eFinancialCareers, please contact:
Anne Bourgeois
abourgeois(at)efinancialcareers(dot)com
M: +44 (0) 7432 736 221
About eFinancialCareers
eFinancialCareers, a Dice Holdings, Inc. service, is the leading global career site network for professionals working in the investment banking, asset management and securities industries. The website provides financial services professionals with job opportunities, job market news and analysis, salary surveys and career advice. Recruiters and employers can post jobs targeting specific sectors within the financial services industry, both buy-side and sell-side, and can search the resume database for highly qualified and specialized professionals. eFinancialCareers has a network of co-branded career sites with industry-leading trade publications and offers local websites in 19 markets and five languages primarily across North America, Europe, the Middle East and Asia-Pacific. http://www.eFinancialCareers.co.uk
# # #
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Software Industry Report Sees Common Responses to Economic Conditions Reflected Amongst Spyware Software and PC Solutions Industry Leaders
Software Industry Report Sees Common Responses to Economic Conditions Reflected Amongst Spyware Software and PC Solutions Industry Leaders
Phoenix, AZ (PRWEB) January 26, 2012
Software Industry Report sees common responses to economic conditions reflected amongst industry leaders in spyware software and other popular PC solutions. The economic condition has affected every industry, but the software industry has managed to make the necessary accommodations to experience growth amidst the overall “cutback” on the part of buyers.
Randy White of Software Industry Report said, “We see the major industry leaders in spyware software and other PC solutions design making several adjustments that are allowing them to successfully progress towards optimistic company goals. This is even while consumers continue to say they are cutting back on their overall purchases.”
Software Industry Report sees leaders in the PC solution software industry offering a higher variety amongst their product lines and more targeted products. The industry also sees success when doing what it takes to hold onto their in-house talent, spending money on marketing, and looking for opportunities to expand.
Software Industry Report is dedicated to identifying the best softwares through rigorous testing by experienced computer geeks to aid normal PC users in bypassing the “problem” softwares and ineffective programs that can do more harm than good. The Software Industry Report testing group includes individuals reaching across the globe and follows strict testing standards that include identification of not only effective software, but software that is easy to use for the average PC owner. The latest and most in depth research is provided to consumers to aid them in making the best software purchases to allow their PC to function at optimum levels.
To get further information on Software Industry Report or the most efficient PC backup and malware prevention software contact:
Contact: Randy White
Company: Software Industry Reports
softwareindustryreport.com
Phone: 281-886-8533
Email: press(at)softwareindustryreport(dot)com
###
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Software Industry Report Sees Common Responses to Economic Conditions Reflected Amongst Spyware Software and PC Solutions Industry Leaders
Software Industry Report Sees Common Responses to Economic Conditions Reflected Amongst Spyware Software and PC Solutions Industry Leaders
Phoenix, AZ (PRWEB) January 26, 2012
Software Industry Report sees common responses to economic conditions reflected amongst industry leaders in spyware software and other popular PC solutions. The economic condition has affected every industry, but the software industry has managed to make the necessary accommodations to experience growth amidst the overall “cutback” on the part of buyers.
Randy White of Software Industry Report said, “We see the major industry leaders in spyware software and other PC solutions design making several adjustments that are allowing them to successfully progress towards optimistic company goals. This is even while consumers continue to say they are cutting back on their overall purchases.”
Software Industry Report sees leaders in the PC solution software industry offering a higher variety amongst their product lines and more targeted products. The industry also sees success when doing what it takes to hold onto their in-house talent, spending money on marketing, and looking for opportunities to expand.
Software Industry Report is dedicated to identifying the best softwares through rigorous testing by experienced computer geeks to aid normal PC users in bypassing the “problem” softwares and ineffective programs that can do more harm than good. The Software Industry Report testing group includes individuals reaching across the globe and follows strict testing standards that include identification of not only effective software, but software that is easy to use for the average PC owner. The latest and most in depth research is provided to consumers to aid them in making the best software purchases to allow their PC to function at optimum levels.
To get further information on Software Industry Report or the most efficient PC backup and malware prevention software contact:
Contact: Randy White
Company: Software Industry Reports
softwareindustryreport.com
Phone: 281-886-8533
Email: press(at)softwareindustryreport(dot)com
###
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.