The effects of technology on the global economic structure are triggering an immense change in the way organizations and nations go about their business. It has become more and more of an essential component in everything from how they research and develop new products and processes, organize production, trade goods, and invest capital. Trade has long been a defining characteristic of globalization. Only recently have international rules governing trade become an area of concern and...
The January 1st 2020 deadline for the US Stay Rules has passed – so are Global Systemically Important Banks (GSIB) now fully compliant? Have all their covered entities, subsidiaries, affiliates, and their client counterparties that use derivatives, repurchase agreements and certain other types of financial contracts been identified, and in-scope qualified financial contracts (QFC) remediated? Or will the lack of accurate, up to date trading partner information jeopardise and undermine the recovery and resolution objectives...
When working with customers around Asia, I’ve noticed that most businesses have a real desire to adopt the latest digital solutions. They want to grow fast, and they appreciate how the efficiency and scalability of automated, self-service SaaS platforms can help them do so. But at the same time, they tend to not feel comfortable adopting these solutions unless they have someone to take them through the implementation process, one step at a time –...
If your organization is like most, your employees are spending more money on more spend categories and using more payment methods than ever before. While this increase in employee flexibility is great for productivity, it often comes with a lack of visibility and an increased risk of fraud. Organizations that are not equipped to capture all of this spend are vulnerable to compliance risks, not to mention schemes from both intentional and unintentional fraudsters. However, some organizations have embraced this change...
There’s nothing like meeting with customers and business partners face to face. The opportunity to capture their attention, engage them in the conversation, and drive productive collaboration is unmatched when it comes to nurturing strong, lasting, and, in most cases, loyal relationships. Most importantly, a partnership of trust is built through a mutual understanding of what’s at stake and a sense of a shared mission. Even after the biggest wins, the afterglow of accomplishment quickly...