Retired Member
The IPO of Coinbase earlier this year was a moment of great symbolism. The listing of the world’s largest cryptocurrency exchange is another manifestation of crypto going mainstream. But it also underlines the disruption blowing through financial services. A direct listing, it cuts out the usual intermediaries as decentralized finance also threate...
16 September 2021 /wealth /crypto Banking Strategy, Digital and Transformation
Did you know that the majority of small businesses don’t even bother creating budgets? It’s true, as the statistics show. Consequently, they suffer from a lack of financial oversight; without budget planning, you don’t know how things go in your organization. To start planning your budget, first, you need to know that there are several budget types...
14 September 2021 /payments /wealth Treasury Management
The traditional investment banking industry has had a hard time adapting legacy technology – but as the digital revolution continues to sweep across finance, the time for transformation has come. FinTech will transform investment banking in many ways, including using innovation to massively boost efficiency and leverage advanced technologies such a...
08 September 2021 /wealth /devops Fintech
A number of years ago a great friend of mine was in need of a change of pace for the same reasons Hemmingway made his famous crossing to Cuba. We opted for Barcelona but channelled some Hemmingway spirit in amongst the lazy lunches, siestas, architecture and leisurely pace. Hemingway’s influence was in the form of Mojitos which we concluded were ...
08 September 2021 /wealth
Anup Kumar EVP, Head of Global Services at Linedata
Pressure has been mounting for financial services firms to digitally transform for years, as significant inefficiencies in terms of operations and technology persist. In 2021, we have reached a threshold point: sustained fee pressure, regulatory complexities, a new wave of cybersecurity risks and a desperate need for cost transformation are forc
02 September 2021 /security /wealth Hedge Fund Technology
I used to be easily pleased when it comes to books and films, spying, chasing and explosions and I'd be satisfied. There is a line in the 2016 remake of Casino Royale where M, played by Dame Judy Dench, refers to James Bond as outdated and blunt because of his effective but explosive methods. I remember thinking ‘I resemble that remark’ not becaus...
16 August 2021 /wealth /predictions
There are examples throughout history of society rejecting innovation of items which are commonplace today. Back in 1004 a Greek princess caused scandal and was embarrassingly accused of ‘excessive delicacy’ when she opted to use a fork while eating. When a plague hit shortly after and she met her untimely demise many stated this was a just punish...
05 August 2021 /wealth /predictions
Ravishankar Poonjolai Consulting Partner at TCS
As per Investment Company Act of 1940 of Securities Exchange Commission (SEC) of USA, investment management firms and business development companies can use derivatives in mutual funds, ETFs, and closed end funds, except money market funds, with exposure up to ten percent of their assets under management. SEC introduced a new rule under section 1
04 August 2021 /regulation /wealth RegTech
Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen
Accounting and bookkeeping are of vital importance to proper business functioning. They refer to the recording of transactions and financial management in all its forms. Without a well-established accounting system, companies face difficulties with financial analysis, planning, and reporting - to say nothing of performing routine transactions. A b...
04 August 2021 /payments /wealth Fintech
David Csiki President & COO at INDATA
A recent survey sponsored by Northern Trust indicated that 98% of managers are seeking to incorporate data science to optimize their investment performance. The fact is that this has been a primary focus and the buy-side has been analyzing data from the beginning because data analysis is, in large part, how investment decisions are made. Data anal...
28 July 2021 /wealth /predictions Big Data
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