Standard Chartered Bank and SAP Ariba today announced a strategic collaboration to make the Bank’s financial supply chain solutions easily accessible to businesses in the Asia Pacific region through Ariba Network, the world’s largest digital business network connecting more than 4.2 million companies in 190 countries.
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Back in 1958, the average lifespan for a company stood at 61 years. But today, things couldn’t be more different.
Blockchain is a distributed ledger technology (DLT), a database of transactions that has been agreed to be shared across multiple websites, institutions and countries. This sharing of information creates a series of ‘witnesses’, each with an updated copy of the ledger.
Blockchain, the leading provider of cryptocurrency products and creator of the most popular cryptocurrency wallet, has partnered with the Polkadot Network to accelerate the adoption and decentralization of Polkadot tokens (“DOTs”) as it aims to solve the challenges of cross-blockchain interoperability.
When the integration is complete, Blockchain’s 41M Wallets will be able to store, send, and receive DOTs, while contributing to the network’s governance by voting on questions like proposed amendments to the network protocol and council members.
At the moment, the US Treasury yield curve sits in the focus of investors. The reason the curve receives such attention lies in its slope, which is as flat as it was way back in 2007. To grant investors the opportunity to benefit from a potential steepening of the US Treasury yield curve, French Asset Manager Ossiam issued its Ossiam US Steepener UCITS ETF on August 19th at Deutsche Börse Xetra, tracking the Solactive US Treasury Yield Curve Steepener 2-5 vs 10-30 Index.
Banks and financial institutions are responsible for customer’s money and sensitive financial information and are held to a higher standard for security. Data breaches can have severe consequences and cost a bank much more than just stolen information or funds. A cyberattack can significantly damage a company’s reputation, tarnishing its image for years and costing it customers over time. A successful data breach also diverts time and resources from a bank’s usual operations to fixing the problem.
There are 12 categories of awards, recognizing teams and leaders from across customer, claims and innovation units, as well as from product, business, brokering and leadership positions. The ‘North American Business Transformation of the Year’ category recognizes an organization who has significantly transformed how their business operates over the past three years and are seeing tangible benefits from this transformation. The judges were tasked with identifying the greatest impacts from technology implementation, process optimization and organizational restructuring.
Wolters Kluwer’s Finance Risk & Reporting (FRR) business is the Best Market Risk Solution Provider, according to Waters Technology, the 35-year-old journal of record for the financial technology industry.
The award was part of the annual Waters Technology Rankings, a survey which “should be considered a reflection of how financial technology professionals view their peers in terms of overall quality of service,” according to the magazine’s editors.
CryptoCompare, the leading provider of cryptocurrency data and indices, today released its July 2019 Exchange Review which provides analysis of key developments in the cryptocurrency exchange-traded market.
Charles Hayter, Co-Founder and CEO of CryptoCompare, said: