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Kallon: The block chain around you, the trustworthy Ifoods chain

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Kallon: The block chain around you, the trustworthy Ifoods chain 1

“Only food and air are worth my efforts to improve with block chains, otherwise I will focus on the block chain itself.”——Kallon, the founder of the Ifoods chain.

Kallon, Chinese block chain + agricultural laboratory launched; executive director of China food safety traceability center; former well-known block chain enterprise executive director. Now, he promotes the rapid landing of block chain technology in the food field as the founder of Ifoods chain ecological platform. As the pacemaker of the industry, under his power, the first ecosystem 1 of “block chain + food” has begun to be measured internally.

In 2012, it was a rather transitional year for Kallon.

At the moment, Kallon recalled the situation of that year, still feeling great. This year, Kallon has a number of titles, as a government relationship consultant for many global top 500 financial institutions, such as China’s peace and ICBC, the Chinese Academy of Social Sciences Finance Institute, the Banker magazine, the Central University of Finance and Economics co-sponsored by the Chinese Financial Innovation Award for many years and has been in “silver”. Connoisseur, director of new media department, has established good cooperative relationship with McKinsey, Boston consulting and KPMG. It can be said that in the field of financial marketing, he is no doubt an expert.

The turning point occurred in July of this year. He participated in the national youth food safety knowledge competition in the capacity of executive secretary of the organizing committee. It is this competition of multi site organizations that has greatly touched his values and even changed the future career planning.

“At that time, many children in primary schools actually grew beards. This is not the healthy state of a group of primary school students during primary school. This phenomenon only illustrates the problem that children eat too much hormones.”

This is very worrying for Kallon, who is going to be promoted to Dad. In a few years in the remote areas of Yunnan and Gansu, he saw a lack of local health education in a few years, and from that moment, he was determined to start in the field of food safety.

For the next two years, Kallon has devoted himself to the health education of young and young children, and the role of identity also highlights the importance of “food safety”: the food safety consultant of the Beijing Education logistics procurement platform and the executive director of the Chinese food traceability center. Under his organization, the National Children’s food safety knowledge contest has covered the whole country and called on the whole people to pay attention to children’s food safety.

In this process, Kallon witnessed and participated in the efforts of practitioners on food safety issues and became more and more deeply aware that the problem of food safety was difficult to control, and the core pain point was the lack of credit system in the food field. “For food enterprises, especially large food enterprises, they are the least willing to appear food safety problems, but the greater the enterprise, the procurement and logistics part of the more difficult to manage, many food enterprises have to face counterfeit products.”

In 2015, Kallon came into contact with the block chain and was inspired.

Kallon’s first contact with block chain technology trace back to 2013. At that time, the central bank defined bitcoin as a specific virtual commodity, which gave him curiosity. In the following 2 years, he continued to pay attention to the development of bitcoin and became more and more excited about the gradual emergence of block chain technology.

Block chain technology has the characteristics of consensus mechanism, distributed accounting, intelligent contract, not tampering, time stamp and so on. It has already caused a lot of discussion in the financial circle at that time. It also inspires Caron’s Association: can the block chain technology be introduced into the food field to help the food industry build a safe and transparent environment to solve the pain point in the current food field?

In 2015, by chance, Kallon talked to Dr. Lin Ruji, a leading figure in the field of food safety.

Lin Ruji is a PhD in food science at the University of Georgia in the United States. He was a senior manager of basic science, technical director and M & A, consultant of national food safety and technology center of the United States, honorary director of China Meat Research Institute, President of new China food group, Canada, food (Beijing) Limited. The chairman of the company. He has many patents in the world for food technology, and has made a thorough study of food research and development, production, traceability, technology optimization and artificial intelligence.

The common concern of food safety and the worries about the healthy growth of the next generation make a strong resonance between them. The idea of Kallon has led to a high degree of recognition from Dr. Lin Ruji. They reached a consensus on the idea of applying block chains to the food industry.

At the end of 2015, Kallon began to form a team to solve the last mile of food safety.

The project has been supported by the Ministry of industry and information, the National Bureau of Surveying and mapping, the China Telecom, the Heilongjiang Department of land and resources, and the China Education and television station. The project has even set up a physical node in the core machine room of the National Geographic Information Bureau.

From 2015 to 2017, they applied block chain technology to various government poverty alleviation projects, combined with China Telecom National Agricultural cloud laboratory to push back poverty alleviation projects in beef cattle breeding in Qinghai Province, and implement the project of traceability and poverty alleviation by the Ministry of industry and information department. In addition, China Agriculture Ministry, China Academy of Agricultural Sciences, China Inspection and quarantine. The Academy of Sciences, China anticancer association, COFCO, the school of public health of the Peking University, the China block chain research alliance, the district chain + agricultural laboratory, have been launched to accelerate the landing of block chain technology in the food field.

In 2017, he proposed a more ambitious idea — create of Ifoods chain.

Everything was going well, but the restless Kallon began to toss again.

The food field involves many aspects, from the supply of raw materials to food, the production of food, the circulation of food and the supply chain involved in the process of food, all kinds of food enterprises and hardware enterprises. After 2 years of block chain entrepreneurship, Kallon discovered that simple traceability does not solve the problem of the entire food value chain.

How can we solve the pain problem of the whole food industry thoroughly and comprehensively? Kallon has decided to implement a more ambitious plan to be the maker of the global food block chain standards and to provide a full solution for the food industry, which is Ifoods chain.

In September 2017, Kallon officially registered Ifoods chain. Caron’s idea is to build a global food ecological environment with the help of Ifoods chain to provide solutions for food supply issues such as production, circulation, consumption and testing in the food field. The core value of this platform is three points. First, use block chains to enhance global food productivity. Second, use the block chain to improve food safety. Third, use “block chain + intelligent hardware” to enhance consumers’ intuitive and quick judgement of food quality.

This is an exciting plan. To achieve this grand vision, the first step is to form a professional team spanning many fields such as food, block chain, hardware, big data and so on. As early as the middle of 2015, it entered the block chain industry. Caron himself developed a loyal and consistent block chain development team with the same faith.

At the founding partner’s team, Kallon first thought of his old partner, Dr. Lin Ruji. Dr. Lin agrees with Kallon’s grand vision and actively takes part in this project to become the chief scientist of Ifoods chain. In addition to Dr. Lin, he also invited top experts in the field of food, block chain and intelligent hardware to participate in the Ifoodschain project.Include:

Li Yanbo, a development consultant for block chain, has studied cryptography at the Stanford University, and after years of working in the United States high Qualcomm, it specializes in distributed system architecture design. It is the NKN founder, Onchainco founder, Linux Kernel network layer core code contributor, and open source block chain platform DNA core R & D and designer.

Fan Zhikai, a master of Instrument Science and optoelectronic engineering of Beihang University, has studied the global front nanoscale grating sensors, and has been responsible for the research and development of the Chinese food and drug management platform. It has many years’ experience for the operation of the block chain project.

Li Yiling, a former overseas manager of Neo, is a district chain community consultant. She has worked on the global marketing of termite, community building, business cooperation, and ecological construction, and dominates the list of the first one hundred of coin-marketcap and cooperates with FBG. Participated in the establishment of FourierPR, the base stone technology multi asset wallet, and the InWeWallet and Trinity network two ecological enterprises, have profound experience and resources in community building.

They invited Feng Lishuang to be the chief hardware scientist. She was a researcher at the Beihang University, a doctoral supervisor and vice director of the micro measurement and control center. She was focused on the MEMS sensor research. She had won the national “863” advanced collective and individual commendation. 1 province ministerial technical invention, 2 technical progress awards, and 18 Chinese invention patents.

The Advisory Group also includes the professor of the school of public health of Peking University, Chai Weizhong, director of the China Institute of inspection and quarantine, the director of the South testing center of the China Institute of inspection and quarantine, the researcher Zhong Weike, the chief of the national sports administration of the State General Administration of sports, the God of the Olympic food and the Chinese food and beverage master Jia Kai, and so on.

Kallon said, “These well-known experts in the field of food and block chain technologies agree with the values of Ifoods chain. Concerned about the healthy growth of the next generation, we hope to improve the global food safety with the help of block chain technology. The common belief of values makes them willing to devote great enthusiasm to the construction of the Ifoods chain block chain ecological platform, which has promoted the rapid development of the project. “

According to Caron, by March this year, only half a year, Ifoods chain development progress has exceeded 50%, and began to conduct internal tests. It is expected to be officially launched in June this year and will release the first smart device super probe for C terminal in October. In December, we will on line the centralized distributed transaction community for B terminal and complete the core structure of the 1 main chain +2 applications.

Ifoods chain, a food ecological platform for the whole people

Kallon and his team believe that in order to make Ifoods chain a real solution to the whole food problem, each part of the value chain and the participants are involved in the construction of the platform. They locate Ifoods chain as an open source, open food and area chain ecological platform in related fields, open platform ports to all value chain parties and provide technical support.

In order to allow food producers, processors, retailers, and consumers to easily and easily participate in block chain ecology, the USP block chain middleware system is designed on the basis of the bottom system of block chain. The core architecture function and the service platform of various service systems are packaged for different use in the food field.

The USP middleware system provides various ports for the actual application of the food industry and builds a bridge between the underlying technology and the upper application of the block chain, thus reducing the application threshold of the block chain technology. In this way, participants can easily input and obtain information through Ifoods chain. “Even if it is a rookie, it can be used”.

At present, they are trying to build a super probe for Ifoods chain food inspection system. In October this year, the first DAPP probe for beef detection will be launched. With the help of a portable smart terminal device, consumers can get data about beef in 2 minutes, including whether water is injected or not. To ensure the safety of the family’s diet. According to the prediction of Ifoods chain, the super probe is expected to become the world’s first block chain DAPP application that day PV more than 10 million.

This will be a good thing for global users, and the future of the Ifoods chain ecological platform will help build a safe, transparent and credible environment for the beef industry and the whole food industry, which is equivalent to adding an “eye” for the food industry. It will provide food safety for hundreds of millions of people around the world.

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TCI: A time of critical importance

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TCI: A time of critical importance 2

By Fabrice Desnos, head of Northern Europe Region, Euler Hermes, the world’s leading trade credit insurer, outlines the importance of less publicised measures for the journey ahead.

After months of lockdown, Europe is shifting towards rebuilding economies and resuming trade. Amongst the multibillion-euro stimulus packages provided by governments to businesses to help them resume their engines of growth, the cooperation between the state and private sector trade credit insurance underwriters has perhaps missed the headlines. However, this cooperation will be vital when navigating the uncertain road ahead.

Covid-19 has created a global economic crisis of unprecedented scale and speed. Consequently, we’re experiencing unprecedented levels of support from national governments. Far-reaching fiscal intervention, job retention and business interruption loan schemes are providing a lifeline for businesses that have suffered reductions in turnovers to support national lockdowns.

However, it’s becoming clear the worst is still to come. The unintended consequence of government support measures is delaying the inevitable fallout in trade and commerce. Euler Hermes is already seeing increase in claims for late payments and expects this trend to accelerate as government support measures are progressively removed.

The Covid-19 crisis will have long lasting and sometimes irreversible effects on a number of sectors. It has accelerated transformations that were already underway and had radically changed the landscape for a number of businesses. This means we are seeing a growing number of “zombie” companies, currently under life support, but whose business models are no longer adapted for the post-crisis world. All factors which add up to what is best described as a corporate insolvency “time bomb”.

The effects of the crisis are already visible. In the second quarter of 2020, 147 large companies (those with a turnover above €50 million) failed; up from 77 in the first quarter, and compared to 163 for the whole of the first half of 2019. Retail, services, energy and automotive were the most impacted sectors this year, with the hotspots in retail and services in Western Europe and North America, energy in North America, and automotive in Western Europe

We expect this trend to accelerate and predict a +35% rise in corporate insolvencies globally by the end of 2021. European economies will be among the hardest hit. For example, Spain (+41%) and Italy (+27%) will see the most significant increases – alongside the UK (+43%), which will also feel the impact of Brexit – compared to France (+25%) or Germany (+12%).

Companies are restarting trade, often providing open credit to their clients. However, there can be no credit if there is no confidence. It is increasingly difficult for companies to identify which of their clients will emerge from the crisis from those that won’t, and whether or when they will be paid. In the immediate post-lockdown period, without visibility and confidence, the risk was that inter-company credit could evaporate, placing an additional liquidity strain on the companies that depend on it. This, in turn, would significantly put at risk the speed and extent of the economic recovery.

In recent months, Euler Hermes has co-operated with government agencies, trade associations and private sector trade credit insurance underwriters to create state support for intercompany trade, notably in France, Germany, Belgium, Denmark, the Netherlands and the UK. All with the same goal: to allow companies to trade with each other in confidence.

By providing additional reinsurance capacity to the trade credit insurers, governments help them continue to provide cover to their clients at pre-crisis levels.

The beneficiaries are the thousands of businesses – clients of credit insurers and their buyers – that depend upon intercompany trade as a source of financing. Over 70% of Euler Hermes policyholders are SMEs, which are the lifeblood of our economies and major providers of jobs. These agreements are not without costs or constraints for the insurers, but the industry has chosen to place the interests of its clients and of the economy ahead of other considerations, mindful of the important role credit insurance and inter-company trade will play in the recovery.

Taking the UK as an example, trade credit insurers provide cover for more than £171billion of intercompany transactions, covering 13,000 suppliers and 650,000 buyers. The government has put in place a temporary scheme of £10billion to enable trade credit insurers, including Euler Hermes, to continue supporting businesses at risk due to the impact of coronavirus. This landmark agreement represents an important alliance between the public and private sectors to support trade and prevent the domino effect that payment defaults can create within critical supply chains.

But, as with all of the other government support measures, these schemes will not exist in the long term. It is already time for credit insurers and their clients to plan ahead, and prepare for a new normal in which the level and cost of credit risk will be heightened and where identifying the right counterparts, diversifying and insuring credit risk will be of paramount importance for businesses.

Trade credit insurance plays an understated role in the economy but is critical to its health. In normal circumstances, it tends to go unnoticed because it is doing its job. Government support schemes helped maintain confidence between companies and their customers in the immediate aftermath of the crisis.

However, as government support measures are progressively removed, this crisis will have a lasting impact. Accelerating transformations, leading to an increasing number of company restructurings and, in all likelihood, increasing the level of credit risk. To succeed in the post-crisis environment, bbusinesses have to move fast from resilience to adaptation. They have to adopt bold measures to protect their businesses against future crises (or another wave of this pandemic), minimize risk, and drive future growth. By maintaining trust to trade, with or without government support, credit insurance will have an increasing role to play in this.

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What Does the FinCEN File Leak Tell Us?

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What Does the FinCEN File Leak Tell Us? 3

By Ted Sausen, Subject Matter Expert, NICE Actimize

On September 20, 2020, just four days after the Financial Crimes Enforcement Network (FinCEN) issued a much-anticipated Advance Notice of Proposed Rulemaking, the financial industry was shaken and their stock prices saw significant declines when the markets opened on Monday. So what caused this? Buzzfeed News in cooperation with the International Consortium of Investigative Journalists (ICIJ) released what is now being tagged the FinCEN files. These files and summarized reports describe over 200,000 transactions with a total over $2 trillion USD that has been reported to FinCEN as being suspicious in nature from the time periods 1999 to 2017. Buzzfeed obtained over 2,100 Suspicious Activity Reports (SARs) and over 2,600 confidential documents financial institutions had filed with FinCEN over that span of time.

Similar such leaks have occurred previously, such as the Panama Papers in 2016 where over 11 million documents containing personal financial information on over 200,000 entities that belonged to a Panamanian law firm. This was followed up a year and a half later by the Paradise Papers in 2017. This leak contained even more documents and contained the names of more than 120,000 persons and entities. There are three factors that make the FinCEN Files leak significantly different than those mentioned. First, they are highly confidential documents leaked from a government agency. Secondly, they weren’t leaked from a single source. The leaked documents came from nearly 90 financial institutions facilitating financial transactions in more than 150 countries. Lastly, some high-profile names were released in this leak; however, the focus of this leak centered more around the transactions themselves and the financial institutions involved, not necessarily the names of individuals involved.

FinCEN Files and the Impact

What does this mean for the financial institutions? As mentioned above, many experienced a negative impact to their stocks. The next biggest impact is their reputation. Leaders of the highlighted institutions do not enjoy having potential shortcomings in their operations be exposed, nor do customers of those institutions appreciate seeing the institution managing their funds being published adversely in the media.

Where did the financial institutions go wrong? Based on the information, it is actually hard to say where they went wrong, or even ‘if’ they went wrong. Financial institutions are obligated to monitor transactional activity, both inbound and outbound, for suspicious or unusual behavior, especially those that could appear to be illicit activities related to money laundering. If such behavior is identified, the financial institution is required to complete a Suspicious Activity Report, or a SAR, and file it with FinCEN. The SAR contains all relevant information such as the parties involved, transaction(s), account(s), and details describing why the activity is deemed to be suspicious. In some cases, financial institutions will file a SAR if there is no direct suspicion; however, there also was not a logical explanation found either.

So what deems certain activities to be suspicious and how do financial institutions detect them? Most financial institutions have sophisticated solutions in place that monitor transactions over a period of time, and determine typical behavioral patterns for that client, and that client compared to their peers. If any activity falls disproportionately beyond those norms, the financial institution is notified, and an investigation is conducted. Because of the nature of this detection, incorporating multiple transactions, and comparing it to historical “norms”, it is very difficult to stop a transaction related to money laundering real-time. It is not uncommon for a transaction or series of transactions to occur and later be identified as suspicious, and a SAR is filed after the transaction has been completed.

FinCEN Files: Who’s at Fault?

Going back to my original question, was there any wrong doing? In this case, they were doing exactly what they were required to do. When suspicion was identified, SARs were filed. There are two things that are important to note. Suspicion does not equate to guilt, and individual financial institutions have a very limited view as to the overall flow of funds. They have visibility of where funds are coming from, or where they are going to; however, they don’t have an overall picture of the original source, or the final destination. The area where financial institutions may have fault is if multiple suspicions or probable guilt is found, but they fail to take appropriate action. According to Buzzfeed News, instances of transactions to or from sanctioned parties occurred, and known suspicious activity was allowed to continue after it was discovered.

Moving Forward

How do we do better? First and foremost, FinCEN needs to identify the source of the leak and fix it immediately. This is very sensitive data. Even within a financial institution, this information is only exposed to individuals with a high-level clearance on a need-to-know basis. This leak may result in relationship strains with some of the banks’ customers. Some people already have a fear of being watched or tracked, and releasing publicly that all these reports are being filed from financial institutions to the federal government won’t make that any better – especially if their financial institution was highlighted as one of those filing the most reports. Next, there has been more discussion around real-time AML. Many experts are still working on defining what that truly means, especially when some activities deal with multiple transactions over a period of time; however, there is definitely a place for certain money laundering transactions to be held in real time.

Lastly, the ability to share information between financial institutions more easily will go a long way in fighting financial crime overall. For those of you who are AML professionals, you may be thinking we already have such a mechanism in place with 314b. However, the feedback I have received is that it does not do an adequate job. It’s voluntary and getting responses to requests can be a challenge. Financial institutions need a consortium to effectively communicate with each other, while being able to exchange critical data needed for financial institutions to see the complete picture of financial transactions and all associated activities. That, combined with some type of feedback loop from law enforcement indicating which SARs are “useful” versus which are either “inadequate” or “unnecessary” will allow institutions to focus on those where criminal activity is really occurring.

We will continue to post updates as we learn more.

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How can financial services firms keep pace with escalating requirements?

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How can financial services firms keep pace with escalating requirements? 4

By Tim FitzGerald, UK Banking & Financial Services Sales Manager, InterSystems

Financial services firms are currently coming up against a number of critical challenges, ranging from market volatility, most recently influenced by COVID-19, to the introduction of regulations, such as the Payment Services Directive (PSD2) and Fundamental Review of the Trading Book (FRTB). However, these issues are being compounded as many financial institutions find it increasingly difficult to get a handle on the vast volumes of data that they have at their disposal. This is no surprise given that IDC has projected that by 2025, the global “datasphere” will have grown to a staggering 175 zettabytes of data – more than five times the amount of data generated in 2018. As an industry that has typically only invested in new technology when regulations deem it necessary, many traditional banks are now operating using legacy systems and applications that haven’t been designed or built to interoperate. Consequently, banks are struggling to leverage data to achieve business goals and to gain a clear picture of their organisation and processes in order to comply with regulatory requirements. These challenges have been more prevalent during the pandemic as financial services firms were forced to adapt their operations to radical changes in customer behaviour and increased demand for digital services – all while working largely remotely themselves.

As more stringent regulations come in to play and financial services firms look to keep pace with escalating requirements from regulators, consumer demand for more online services, and the ever-evolving nature of the industry and world at large, it’s vital they do two things. Firstly, they must begin to invest in the technology and processes that will allow them to more easily manage the data that traditional banks have been collecting and storing for upwards of 50 years. Secondly, they must innovate. For many, the COVID-19 pandemic will have been a catalyst for both actions. However, the hard work has only just begun.

Legacy technology

Traditionally, due to tight budgets and no overarching regulatory imperative to change, financial institutions haven’t done enough to address their overreliance on disconnected legacy systems. Even when faced with the new wave of regulation that was implemented in the wake of the 2008 banking crash, financial services organisations generally only had to invest in different applications on an ad hoc basis to meet each individual regulation. However, as new regulations require the analysis of larger data sets within smaller processing windows, breaking down any and all data siloes is essential and this will require financial institutions that are still reliant on legacy systems to implement new technologies to meet the regulatory stipulations.

With this in mind, solutions which offer high-quality data analytics and enhanced integration will be key to the success of financial institutions and crucial to eliminate data silos. This will enable organisations to achieve a faster and more accurate analysis of real-time and historical data no matter where they are accessing the data from within smaller processing windows to keep pace with regulatory requirements, while also benefiting from low infrastructure costs.

This technology will also play a huge part in helping financial institutions scale their online operations to meet demand from customers for digital services. According to PNC Bank, during the pandemic, it saw online sales jump from 25% to 75%. Therefore, having data platforms that are able to handle surges in online activity is becoming increasingly important.

Real-time analysis of data

Tim FitzGerald

Tim FitzGerald

While the precise solution financial services institutions need will differ based on the organisation, broadly speaking, the more data they are storing on legacy solutions, the more they are going to require an updated data platform that can handle real-time analytics. Even organisations that have fewer legacy systems are still likely to require solutions that deliver enhanced interoperability to help provide a real-time view across the business and enable them to meet the pressing regulatory requirements they face. Let’s also not lose sight of the fact that moving transactional data to a data warehouse, data lake, or any other silo will never deliver real-time analytics, therefore, businesses making risk decisions based on this and thinking it is real-time is completely inappropriate.

As such, financial services firms require a data platform that can ingest real-time transactional data, as well as from a variety of other sources of historical and reference data, normalise it, and make sense of it. The ability to process transactions at scale in real-time and simultaneously run analytics using transactional real-time data and large sets of non-real-time data, such as reference data, is a crucial capability for various business requirements. For example, powering mission-critical trading platforms that cannot slow down or drop trades, even as volumes spike.

Not only will having access to real-time data enable financial institutions to meet evolving regulatory requirements, but it will also allow them to make faster and more accurate decisions for their organisation andcustomers. With many financial services firms operating on a global basis, this is vital to help them keep up not only with evolving regulations but also changing circumstances in different markets in light of the pandemic. This data can also help them understand how to become more agile, help their employees become productive while working remotely, and how to build up operational resilience. These insights will also be vital as financial institutions need to consider the likelihood of subsequent waves of the virus, allowing them to gain a better understanding of what has and hasn’t worked for their business so far. 

Innovation

The financial services sector is fast-paced and ever-changing. With the launch of more digital-only banks, traditional institutions need to innovate to avoid being left behind, with COVID-19 only highlighting this further. With more than a third (35%) of customers increasing their use of online banking during this period, it is those banks and financial services firms with a solid online offering that have been best placed to answer this demand. As financial institutions cater to changing customer requirements, both now and in the future, implementing new technology that provides access to data in real-time will help them to uncover the fresh insights needed to develop new and transformative products and services for their customers. In turn, this will enable them to realise new revenue streams and potentially capture a bigger slice of the market. For instance, access to data will help banks better understand the needs of their customers during periods of upheaval, as well as under normal circumstance, which will allow them to target them with the specific services they may need during each of these periods to not only help their customers through difficult times but also to ensure the growth of their business. As financial institutions not only look to keep pace with but also gain an advantage over their competitors, using data to fuel excellent customer experiences will be essential to success.  

With the current economic uncertainty and market volatility, it’s critical that financial services are able to meet the changing requirements coming from all angles. With COVID-19 likely to be the biggest catalyst for financial institutions to digitally transform, they will be better able to cater to rapidly evolving landscapes and prepare for continued periods of remote working. As they look to achieve this, replacing legacy systems with innovative and agile technology solutions will be crucial to ensure they can gain the accurate and complete view of their enterprise data they need to comply with new and changing regulations, and better meet the needs of consumers in an increasingly digital landscape, whether they are located in an office or working remotely.

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