Consultancy.uk, the leading online platform for the consulting industry in the UK, has published an article on the GDPR regulation where Paul Nielsen, our Senior Consultant, shares his opinion on the adoption and the involved trade offs. The article can be found here.
Our View on Preparing for GDPR on Consultancy.uk Read More »
Last year, 52% of the British population voted in favour of leaving the European Union, a historic and unexpected event known as ‘’Brexit’’. Brexit is said to have complicated and long-term impacts on the financial services sector in the UK since companies will no longer be able to operate within the European framework. This could
Amsterdam: The Next Post-Brexit EU City for Financial Services? Read More »
Trade finance is going through a technological revolution. There are a handful of financial institutions attempting to incorporate Blockchain technology applications in the trade finance process. This way, banks can increase the cross-border financing to SME’s and bloom their businesses. The promise of the Blockchain is that it has the ability to streamline the trade finance process
Blockchain: The key to Trade Finance Challenges? Read More »
The European Banking Authority (EBA) has published today its revised Guidelines on Internal Governance. These Guidelines aim at further harmonising institutions’ internal governance arrangements, processes and mechanisms across the EU, in line with the new requirements in this area introduced in the Capital Requirements Directive (CRD IV) and also taking into account the proportionality principle.
EBA Publishes Guidance to Further Harmonise EU Banks Internal Governance Read More »
Since December 2014, The World Economic Forum has strived to understand the impact of potentially disruptive Fintech technology innovations on the financial services ecosystem. They have presented their findings in three phases. Phase one ‘The Future of Financial Services’ discusses the potential of new innovative entrants, while phase two ‘The Future of Financial Infrastructure’ aims
The Rise of Fintech in Financial Services Read More »
A new era of automated mechanisms is set to disrupt how businesses, institutions and the government work. One of such technologies is the Blockchain and it’s said to impact current values and means of participation in our society’s financial and governmental systems. Blockchain: how it all started and widening its context As applied in the
The Potential of Blockchain and its Expanding Scope for Changing Society’s Systems Read More »
On August 31st, 2017, The Basel Committee on Banking Supervision (BCBS) released a consultative document on potential fintech implications for banks and its supervisors in the Financial Services sector. The paper explains how innovative financial technologies disrupt the financial sector, specifically in the banking industries. BCBS assesses the impact of fintech products and services with
An increasing number of financial service institutions are introducing an Agile way of working as a formula for a greater chance of success. Financial insitutions are aiming to adopt the trend eversince it was introduced. Agile is said to have great benefits in terms of increased innovation pace, competitive business, mobility and flexbility, reduced costs and
Developing Agile into Operations – A Change Management Approach Read More »
The Basel Committee on Banking Supervision is revising methodologies for the determination of capital requirements. While rules introduced by Basel III increased the amount of capital that banks must hold, recent developments proved that even stricter rules should be applied. This is where the Basel IV framework was introduced. In ‘The evolution of Basel IV:
Basel IV: The Evolution Read More »
On 29 June 2017, the Basel Committee on Banking Supervision (BCBS) published a consultative document on a simplified alternative to the standardised approach to market risk capital requirements. The simplified approach to market risk capital requirements is aimed at financial institutions which are less active on an international scale and not large in nature. The