Digitalisation of risk technology will be a pivotal factor in the monitoring and management of risk during increasingly common periods of volatility and continuing market uncertainty, according to findings by Aite Group, a global research and advisory firm, and Torstone Technology, a leading provider of post-trade processing and risk management.

The COVID-19 pandemic has successfully demonstrated the many weaknesses inherent in our economy. In less than 6 months, the virus has successfully brought the global economy to a sudden, grinding halt.

 Blue Prism’s COVID-19 Response Program is at the forefront of the pandemic crisis helping organizations maintain business continuity and assisting those on the front lines of the health emergency. Launched in mid-March, the program already encompasses nearly 50 projects across multiple industries, and has donated hundreds of Digital Workers (software licenses) and thousands of service hours, helping alleviate the disruption caused by COVID-19.

Blue Prism announced today it has raised £100 million from existing and new investors, placing it in a strong position in the current economic climate. The funding will be used to further strengthen and protect Blue Prism’s balance sheet during a period of uncertainty for the wider economy, while allowing continued investment in the innovation of its dedicated enterprise intelligent automation suite.

Stakeholders need to survive, and these stakeholders are represented in ESG. The current pandemic is highlighting this fact with significant E, S and G related decisions being made daily including everything from executive pay, dividends and share buybacks, to employee healthcare, employee lay-offs, and even food insecurity.

More than 700 million Africans lack access to a bank or mobile money account and only 41% of Africans are financially included. This is due to the high cost of providing financial services in Africa which forces many financial services providers to remain focused on serving wealthier customers.

Bokio (www.bokio.co.uk), the Gothenburg-born fintech behind an AI-driven accounting software for SMEs and self-employed, today announces that it has merged with Stockholm-based competitor, Red Flag (www.redflag.se).

SaïdBusiness School, University of Oxford and Mastercard today announce the launch of anew Oxford Cyber Futures online programme aimed at equipping senior executives to address new cyber risks and opportunities – among the most significant industrial and societal challenges of the 21stcentury – using next-generation learning tools.

One of the many effects of globalisation has been the proliferation of connections between corporates and banks. As corporates have responded to global opportunities in both sales and sourcing, their banking relationship needs have grown in tandem. Trade figures give an inkling of the pace at which this has happened: in the 25 years from 1993 to 2018, trade as a percentage of global GDP rose by ~50%1.

With the power of the world wide web making commercialization transcend boundaries, the online transaction has not only become a trend but a necessity. This has led to a rising dependency on SSL Certificates, data masking, authentications, etc. 

The current economy provides a space for not only information but goods and services to be procured with a click of a button from anywhere across the globe and have it delivered right at your doorstep.