Latest opinions that Ivan Kot has shared on Finextra

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Ivan Kot

Solution Consultant

Itransition

Member since

21 Nov 2019

Location

Denver

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Ivan's opinions

Finance automation: why letting algorithms handle corporate money matters

The last decade saw automation steadily strengthening its positions in offices across the globe. Investing in business management process consulting, enterprises have increasingly streamlined various cumbersome workflows, reaping productivity and cost optimization benefits in return. However, amid this persistent corporate automation trend, financ...

29 January 2021 /devops Fintech

6 Use Cases for Smart Contracts in Decentralized Finance

While many people still view cryptocurrency with some scepticism, the use of blockchain within certain industries and for specific processes has gained general acceptance. One of the offerings of blockchain that has attracted much hype is Decentralized Finance (DeFi). While the adoption of DeFi has not reached the heady heights that were predict...

18 January 2021 /security /payments Blockchain in Banking and Financial Services

IT outsourcing projects: UK vs USA

Itransition is a seasoned resident of the software outsourcing market. With projects completed for more than 800 customers from over 30 countries, the company has delivered custom software development to businesses in IT, energy, finance, retail and many more verticals. Based on our portfolio, we are sharing Itransition’s experience with clients fr...

28 December 2020 /devops /startups Business Knowledge for IT

The Basic Dos of Service Level Agreements

Though service level agreements (SLAs) have proved their importance for business reputation and project success, many IT vendors still doubt that SLAs have any relevance for them. Meanwhile, IT consultants believe that SLAs are an absolute necessity for delivering impeccable service. In this post, we will discuss why SLAs are necessary and review t...

23 December 2020 /devops /startups Business Knowledge for IT

Smart Contracts in Real Estate: Still Room for Perfection

Smart contracts have been making waves since the inception of the technology on the blockchain platform Ethereum. They are now used in the number of industries but haven’t fully lived to the hype. In this article, we are figuring out what challenges prevent smart contracts from widespread adoption in real estate transactions, particularly those re...

27 November 2020 /security /payments Blockchain in Banking and Financial Services

Software Outsourcing for Startups: A Guide to Fruitful Partnerships

Technology remains a lucrative business even in the times of a worldwide economic recession and uncertainty. Gartner projects the global IT spending to slide only by 8% in 2020 and recover slowly but steadily over the next year, and certain segments, such as remote working software and cloud services, will see an increase in spending. Also, due to...

17 November 2020 /people /startups Business Knowledge for IT

3 Major Roadblocks to Blockchain Adoption in Banking

Since its invention back in 2008, blockchain technology has been trying to disrupt a number of industries with varying degrees of success. Core features of blockchain, such as decentralization and immutability, make this technology especially appealing for the financial sector. On paper, blockchain is a perfect solution for the majority of pain po...

02 December 2019

The Evolution of Voice Banking in 2019

With Siri one button away from telling us everything Google has to offer, and Alexa making smart homes more accessible than ever, it’s transparent how artificial intelligence and voice technology in particular have helped transform our personal lives. It only seems right that the next big step is voice-controlled banking. Wouldn’t it be nifty to ...

25 November 2019 /ai