CFOS

Bitget Report Reveals 33% of Crypto Job Applicants Come From Banking

Retrieved on: 
Thursday, January 25, 2024
KYC, JPMorgan Chase, Investment, Microsoft, Citigroup, CFOS, Morgan Stanley, BlackRock, HSBC, Blockchain, Goldman Sachs, Statistics, Workforce, FTX, AML, Engineering, Growth, Cryptocurrency

VICTORIA, Seychelles, Jan. 25, 2024 /PRNewswire/ -- Bitget , the world's leading cryptocurrency exchange and Web3 company, released a comprehensive report revealing that one-third of crypto job applicants are former employees of the banking and financial sectors.

Key Points: 
  • VICTORIA, Seychelles, Jan. 25, 2024 /PRNewswire/ -- Bitget , the world's leading cryptocurrency exchange and Web3 company, released a comprehensive report revealing that one-third of crypto job applicants are former employees of the banking and financial sectors.
  • The result is a brain-drain from traditional banking, driving reevaluation of hiring approaches and compensation offers on the part of the latter.
  • Gracy Chen, Managing Director of Bitget, stated, "Bitget's latest report sheds light on the remarkable transformation occurring in the financial job market, as crypto gains momentum and decentralization reshapes traditional banking.
  • Such a shift may lead to increased mergers and acquisitions in both markets, impacting job reductions and transforming the labor market.

Graduate School USA Selected for Pilot Initiative to Help Federal Agencies Train and Upskill Financial Managers

Retrieved on: 
Wednesday, January 24, 2024
General Services Administration, Career, Treasury, CFOS, Curriculum, Graduate School USA, Federation, OMB, Postgraduate education, Management, GSUSA, Financial management, Nursing

WASHINGTON, Jan. 24, 2024 /PRNewswire/ -- In a move that highlights its commitment to excellence in federal employee training, Graduate School USA (GSUSA) has been selected for a pilot initiative to help federal agencies train and upskill financial management workforce. GSUSA offers its extensive curriculum of financial management training courses to approximately 140,000 federal agency employees for career development.

Key Points: 
  • WASHINGTON, Jan. 24, 2024 /PRNewswire/ -- In a move that highlights its commitment to excellence in federal employee training, Graduate School USA (GSUSA) has been selected for a pilot initiative to help federal agencies train and upskill financial management workforce.
  • GSUSA offers its extensive curriculum of financial management training courses to approximately 140,000 federal agency employees for career development.
  • The pilot program – the Career Planning and Training Tool (CPTT) – was created by the Chief Financial Officers Council (CFOC), which works collaboratively to improve financial management in the federal government.
  • "GSUSA is made up of instructors who are expert practitioners in Federal Financial Management and governmental auditing, which is key to providing relevant and timely training to federal employees."

Former SEC Private Funds Unit Exam Manager Michele Foldenauer Joins Optima Partners as Director, Strengthening Global Regulatory Compliance Expertise

Retrieved on: 
Wednesday, January 24, 2024
Knowledge, CFOS, Financial regulation, PFU, Mentorship, Risk management, Security (finance), Growth, Financial adviser

At Optima, Ms. Foldenauer will focus on the regulatory and compliance needs of hedge funds, private equity funds, registered investment advisers, broker-dealers, and global financial services firms.

Key Points: 
  • At Optima, Ms. Foldenauer will focus on the regulatory and compliance needs of hedge funds, private equity funds, registered investment advisers, broker-dealers, and global financial services firms.
  • Michele  joins our team of highly talented regulatory compliance professionals advising over 1000 clients globally."
  • Ms. Foldenauer added, I am thrilled to join Optima Partners, a dynamic force in global regulatory compliance.
  • Before joining Optima, as a  Senior Securities Compliance Examiner and Exam Manager in the Private Funds Unit (PFU) at the SEC's Miami office, Michele conducted extensive compliance examinations, and presented detailed reports summarizing findings and violations of federal securities laws.

Montway Auto Transport Releases New Car Dealer Group Features in the Montway Automation Portal (M.A.P.)

Retrieved on: 
Wednesday, January 24, 2024
CFOS, Bols, Vins, Controller, Business development, Transport, Online shopping

CHICAGO, Jan. 24, 2024 /PRNewswire/ --  Montway Auto Transport, one of the nation's leading third-party logistics brokerages and a pioneer in the auto transport industry, unveiled its new release of the Montway Automation Portal (M.A.P.), designed specifically for automotive dealer groups. These enhancements aim to transform how dealer groups manage transportation costs by consolidating data points from multiple stores on a centralized platform. 

Key Points: 
  • CHICAGO, Jan. 24, 2024 /PRNewswire/ -- Montway Auto Transport , one of the nation's leading third-party logistics brokerages and a pioneer in the auto transport industry, unveiled its new release of the Montway Automation Portal (M.A.P.)
  • These enhancements aim to transform how dealer groups manage transportation costs by consolidating data points from multiple stores on a centralized platform.
  • When a dealer group has 10, 30 or even 70 locations to manage, one of the biggest challenges is rolling up data for a consolidated view of auto logistics metrics, including transportation costs.
  • To learn more about Montway Auto Transport and M.A.P., please visit www.montway.com and www.montway.com/map.

J.S. Held Global Risk Report Reveals Business Opportunities Amid Uncertainty

Retrieved on: 
Wednesday, January 24, 2024
Strategic planning, Risk, Risk assessment, Insurance, CFOS, Data analysis, Uncertainty, Intersection

JERICHO, N.Y., Jan. 24, 2024 /PRNewswire/ -- Global consulting firm J.S. Held introduces the 2024 Global Risk Report against the backdrop of significant geopolitical shifts, regulatory developments, economic pressures, and technological advancements leading to widespread impacts that reverberated across the global business landscape in 2023.

Key Points: 
  • Held Global Risk Report presents actionable insights that support strategic business decision-making.
  • Held introduces the 2024 Global Risk Report against the backdrop of significant geopolitical shifts, regulatory developments, economic pressures, and technological advancements leading to widespread impacts that reverberated across the global business landscape in 2023.
  • Held 2024 Global Risk Report, https://www.jsheld.com/insights/articles/2024-js-held-global-risk-report , explores six critical and interconnected global issues and implications for business strategic planning and decision-making, including:
    AI Uncertainty - The Intersection of Innovation, Risk & Regulation
    The 30-plus technical, scientific, financial, and strategic experts who contributed to the J.S.
  • Held Risk report have collaboratively parsed not only each risk independently but at their unique points of intersection to create a framework to support business decision-making that reveals global business opportunities.

J.S. Held Global Risk Report Reveals Business Opportunities Amid Uncertainty

Retrieved on: 
Tuesday, January 23, 2024
Strategic planning, Risk, Risk assessment, Insurance, CFOS, Data analysis, Uncertainty, Intersection

JERICHO, N.Y., Jan. 23, 2024 /PRNewswire/ -- Global consulting firm J.S. Held introduces the 2024 Global Risk Report against the backdrop of significant geopolitical shifts, regulatory developments, economic pressures, and technological advancements leading to widespread impacts that reverberated across the global business landscape in 2023.

Key Points: 
  • Held Global Risk Report presents actionable insights that support strategic business decision-making.
  • Held introduces the 2024 Global Risk Report against the backdrop of significant geopolitical shifts, regulatory developments, economic pressures, and technological advancements leading to widespread impacts that reverberated across the global business landscape in 2023.
  • Held 2024 Global Risk Report, https://www.jsheld.com/insights/articles/2024-js-held-global-risk-report , explores six critical and interconnected global issues and implications for business strategic planning and decision-making, including:
    AI Uncertainty - The Intersection of Innovation, Risk & Regulation
    The 30-plus technical, scientific, financial, and strategic experts who contributed to the J.S.
  • Held Risk report have collaboratively parsed not only each risk independently but at their unique points of intersection to create a framework to support business decision-making that reveals global business opportunities.

M&A Activity Poised for a Rebound in 2024; Value of Deals Expected to Increase: Deloitte 2024 M&A Trends Survey

Retrieved on: 
Tuesday, January 23, 2024
Knowledge, Synthetic media, Corporation, CFO, Financial institution, CFOS, History, Organization, M&A, Generative, Growth, Retail

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Today, Deloitte released the findings of its "2024 M&A Trends Survey: Mind the gap," asking corporate and private equity (PE) leaders in the U.S. about their expectations for M&A activity in the upcoming 12 months as well as their experiences with recent transactions.

Key Points: 
  • Executive sentiment toward M&A activity for the year ahead is optimistic, with respondents across corporate and PE expecting a rebound in both volume and value.
  • A similar trend can be seen with respondent outlook on deal value, with 82% indicating they expect the size of their own organization's deals to increase in the coming year.
  • Another 27% are focused on restructuring now or plan to be doing so within the next six months.
  • Market conditions can shape that sentiment, but strategy and preparation set the tone," said Adam Reilly, national managing partner, mergers, acquisitions and restructuring services , Deloitte & Touche LLP.

Quest announces the addition of CenterPoint CFO and Controller services

Retrieved on: 
Thursday, January 18, 2024
CFO, Income tax, CFOS, Controller, Longevity, Growth, Consultant

CHARLOTTE, N.C., Jan. 18, 2024 /PRNewswire/ -- We Are Thrilled to Announce: CenterPoint CFO Joins the Quest Family!

Key Points: 
  • CHARLOTTE, N.C., Jan. 18, 2024 /PRNewswire/ -- We Are Thrilled to Announce: CenterPoint CFO Joins the Quest Family!
  • Quest ( www.questnow.net ), a leading financial consulting, mergers and acquisitions firm serving the Southeast US region, today announced its strategic merger with CenterPoint CFO ( www.centerpointcfo.com ), a boutique financial consulting firm specializing in outsourced CFO and Controller services.
  • The combined entity will offer a comprehensive suite of financial services designed to empower businesses throughout the entire growth cycle.
  • As we embark on the start of 2024, CenterPoint CFO is proud to become a pivotal part of the Quest family.

Vertice secures $25 million Series B to help finance teams control their SaaS and cloud spend

Retrieved on: 
Wednesday, January 17, 2024
Cloud, Software as a service, CFOS, Vertex (graph theory), Lightning, ARR, Pain, Growth

LONDON, Jan. 17, 2024 /PRNewswire/ -- Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning fast revenue growth.

Key Points: 
  • LONDON, Jan. 17, 2024 /PRNewswire/ -- Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning fast revenue growth.
  • The company has now raised a total of $51 million since January 2022, upping its valuation into the hundreds of millions.
  • 83North and Bessemer Venture Partners, the lead investors in the company's Series A, have returned with $25 million in additional funding after seeing Vertice achieve 7x growth in ARR in 2023.
  • It launched its Cloud Cost Optimization offering, making Vertice the only platform globally that tackles both SaaS and cloud spending, and rolled out detailed spending breakdowns and procurement workflows.

Vertice secures $25 million Series B to help finance teams control their SaaS and cloud spend

Retrieved on: 
Wednesday, January 17, 2024
Cloud, Software as a service, CFOS, Vertex (graph theory), Lightning, ARR, Pain, Growth

LONDON, Jan. 17, 2024 /PRNewswire/ -- Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning fast revenue growth.

Key Points: 
  • LONDON, Jan. 17, 2024 /PRNewswire/ -- Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning fast revenue growth.
  • The company has now raised a total of $51 million since January 2022, upping its valuation into the hundreds of millions.
  • 83North and Bessemer Venture Partners, the lead investors in the company's Series A, have returned with $25 million in additional funding after seeing Vertice achieve 7x growth in ARR in 2023.
  • It launched its Cloud Cost Optimization offering, making Vertice the only platform globally that tackles both SaaS and cloud spending, and rolled out detailed spending breakdowns and procurement workflows.