The document is a letter submitted to the U.S. Securities and Exchange Commission providing comments on the SEC's 21st Century Disclosure Initiative. The letter recommends that the SEC mandate XBRL as the reporting standard and move towards continuous, machine-readable reporting of raw financial data. This would eliminate rendered reports and democratize access to information, giving all investors equal access to make better investment decisions. The letter also calls for expanded disclosure requirements and a culture of transparency and accountability among financial preparers.
The Blockchain Imperative: The Next Challenge for P&C CarriersCognizant
Blockchain, a universal ledger and data-storage platform, can help P&C carriers address some of their most critical business challenges and significantly alter the way they operate. Although the technology has yet to achieve widespread adoption in the insurance space, the time is ripe for carriers to begin thinking about, exploring and experimenting with blockchain.
Future of digital identity programme summary - 19 mar 2019 lrFuture Agenda
How we prove that we are who or what we say we are during digital transactions and interactions is set to become one of the defining features of the next stage of the human digital transformation. Today, we are living with early attempts to solve the problem that are no longer fit for purpose. At best, the multitude of different ways we login, confirm our identities, and establish trust in claims made during digital exchanges, has become profoundly inconvenient. At worst, they have left us in a connected world which is neither safe nor secure, and in which we seem to have completely lost control of our most personal information. The next generation solutions to the digital identity challenge could change all of this.
At the end of 2018, Future Agenda undertook a major project exploring the Future of Digital Identity. With the generous support of Mastercard, the Future Agenda team ran a series of expert workshops in different locations around the world that explored the key factors that are likely to shape the future of digital identity. The programme began with an initial perspective as a provocation. Participants in the workshops then gave us new, more fully formed, insights which were in turn explored further during one-to-one interviews with major stakeholders and thinkers in the space.
We are proud to launch this report of the findings of that work
We would like to extend our sincerest thanks to all of those who contributed to the programme.
As always, we consider our reports to be the start point for further conversations, and would welcome further input. If you would like to join the conversation, you can join our LinkedIn Group here. If you have any further questions or would like to have a conversation about how your organisation can best make use of our respond to the implications of the Future of Digital Identity please contact
Dr Robin Pharoah https://www.linkedin.com/in/robinpharoah,
James Alexander https://uk.linkedin.com/pub/james-alexander/0/747/617 or
Patrick Harris https://www.linkedin.com/in/patrick-harris-777767/
This is the initial perspective:
https://www.slideshare.net/futureagenda2/the-future-of-digital-identity-initial-perspective
This was the initial summary:
https://www.slideshare.net/futureagenda2/future-of-digital-identity-programme-summary-15-dec-2018-lr
Data Provenance is the third of Future Agenda’s ‘World in 2030’ foresights. In our data abundant, interconnected world mutual dependencies are often at the heart of key infrastructure. In this ever-expanding environment, it is vital to ensure that data systems are trusted. This is where data provenance comes in. Knowing the origin of data can help to assess its quality, accuracy and reliability. It also allows us to assess value and ownership and could contribute to the redistribution of profit when data is resold or reused. But does ubiquitous provenance mean that we will never be able to do anything, even remotely privately, ever again? And will the benefits of greater cyber security be an adequate compensation for this?
Drawn from multiple expert discussions around the world, this foresight is one of 50 looking at the key issues for the next decade that are being shared throughout 2020.
https://www.futureagenda.org/foresights/dataprovenance/
https://www.futureagenda.org/the-world-in-2030/
The payments and currency systems are on the verge of disruption. Payments are getting digitized and going mobile, wearable and biometric, while the rise of cryptocurrencies is prompting new ideas about what currency can be. Millennials, not wedded to the status quo when it comes to money, will drive this shift. This report takes a look at the myriad new ways to pay and how the concept of currency is evolving to encompass everything from bitcoin to social media shares. We also spotlight how disruption is opening the way for new players to act as middlemen between consumers and their money, along with results of a survey exploring U.S. and U.K. consumer attitudes toward payments and currency.
Note: This is an abridged version of the 62-page report. Go to JWTIntelligence.com/trendletters to download the full report at no cost.
This is an update to an in-depth analysis of the Internet of Things (IoT) published by SVB Analytics in 2013. IoT refers to everyday objects — like cars, food, pets and toys — that are connected to the Internet via smart chips which sense and share information about themselves and their surroundings. The report was developed as part of our strategic advisory service, which provides investors and entrepreneurs with an assessment of a company's value in support of acquisitions, mergers, investments, and other strategic financing activities.
The New Enterprise is adopting
new tools and technology that
utilize data, mobilize their
workforce, and increase
collaboration throughout the
organization. In this new report, SVB Analytics examines the underlying industry sectors supporting this new business environment and offers data on venture funding, revenue models and valuations.
This conference explored technological innovation across the financial services sector, from developments in leading tier 1 institutions to the disruptive innovators within the start-up community that are reshaping the FS market. The agenda also contextualised the impact of key technology trends such as: Cloud, Mobile, Big Data and Block Chain technology.
Veber FinTech Vs Banking consumer reportMarie Johnson
The Veber FinTech Consumer Survey was based on discovering user perceptions of Banking, a once stable and traditional industry landscape, in comparison to what we’re now seeing which is the ever changing innovative FinTech market. The survey focusses on the trends of FinTech and whether the face of traditional banking will change by 2020.
The white paper also includes video extracts from leading FinTech experts and an exclusive interview with
George Huntley, COO The Money Platform. George gives an in depth account of his FinTech startup journey and his views on the Banking industry and the rise of FinTech.
The Blockchain Imperative: The Next Challenge for P&C CarriersCognizant
Blockchain, a universal ledger and data-storage platform, can help P&C carriers address some of their most critical business challenges and significantly alter the way they operate. Although the technology has yet to achieve widespread adoption in the insurance space, the time is ripe for carriers to begin thinking about, exploring and experimenting with blockchain.
Future of digital identity programme summary - 19 mar 2019 lrFuture Agenda
How we prove that we are who or what we say we are during digital transactions and interactions is set to become one of the defining features of the next stage of the human digital transformation. Today, we are living with early attempts to solve the problem that are no longer fit for purpose. At best, the multitude of different ways we login, confirm our identities, and establish trust in claims made during digital exchanges, has become profoundly inconvenient. At worst, they have left us in a connected world which is neither safe nor secure, and in which we seem to have completely lost control of our most personal information. The next generation solutions to the digital identity challenge could change all of this.
At the end of 2018, Future Agenda undertook a major project exploring the Future of Digital Identity. With the generous support of Mastercard, the Future Agenda team ran a series of expert workshops in different locations around the world that explored the key factors that are likely to shape the future of digital identity. The programme began with an initial perspective as a provocation. Participants in the workshops then gave us new, more fully formed, insights which were in turn explored further during one-to-one interviews with major stakeholders and thinkers in the space.
We are proud to launch this report of the findings of that work
We would like to extend our sincerest thanks to all of those who contributed to the programme.
As always, we consider our reports to be the start point for further conversations, and would welcome further input. If you would like to join the conversation, you can join our LinkedIn Group here. If you have any further questions or would like to have a conversation about how your organisation can best make use of our respond to the implications of the Future of Digital Identity please contact
Dr Robin Pharoah https://www.linkedin.com/in/robinpharoah,
James Alexander https://uk.linkedin.com/pub/james-alexander/0/747/617 or
Patrick Harris https://www.linkedin.com/in/patrick-harris-777767/
This is the initial perspective:
https://www.slideshare.net/futureagenda2/the-future-of-digital-identity-initial-perspective
This was the initial summary:
https://www.slideshare.net/futureagenda2/future-of-digital-identity-programme-summary-15-dec-2018-lr
Data Provenance is the third of Future Agenda’s ‘World in 2030’ foresights. In our data abundant, interconnected world mutual dependencies are often at the heart of key infrastructure. In this ever-expanding environment, it is vital to ensure that data systems are trusted. This is where data provenance comes in. Knowing the origin of data can help to assess its quality, accuracy and reliability. It also allows us to assess value and ownership and could contribute to the redistribution of profit when data is resold or reused. But does ubiquitous provenance mean that we will never be able to do anything, even remotely privately, ever again? And will the benefits of greater cyber security be an adequate compensation for this?
Drawn from multiple expert discussions around the world, this foresight is one of 50 looking at the key issues for the next decade that are being shared throughout 2020.
https://www.futureagenda.org/foresights/dataprovenance/
https://www.futureagenda.org/the-world-in-2030/
The payments and currency systems are on the verge of disruption. Payments are getting digitized and going mobile, wearable and biometric, while the rise of cryptocurrencies is prompting new ideas about what currency can be. Millennials, not wedded to the status quo when it comes to money, will drive this shift. This report takes a look at the myriad new ways to pay and how the concept of currency is evolving to encompass everything from bitcoin to social media shares. We also spotlight how disruption is opening the way for new players to act as middlemen between consumers and their money, along with results of a survey exploring U.S. and U.K. consumer attitudes toward payments and currency.
Note: This is an abridged version of the 62-page report. Go to JWTIntelligence.com/trendletters to download the full report at no cost.
This is an update to an in-depth analysis of the Internet of Things (IoT) published by SVB Analytics in 2013. IoT refers to everyday objects — like cars, food, pets and toys — that are connected to the Internet via smart chips which sense and share information about themselves and their surroundings. The report was developed as part of our strategic advisory service, which provides investors and entrepreneurs with an assessment of a company's value in support of acquisitions, mergers, investments, and other strategic financing activities.
The New Enterprise is adopting
new tools and technology that
utilize data, mobilize their
workforce, and increase
collaboration throughout the
organization. In this new report, SVB Analytics examines the underlying industry sectors supporting this new business environment and offers data on venture funding, revenue models and valuations.
This conference explored technological innovation across the financial services sector, from developments in leading tier 1 institutions to the disruptive innovators within the start-up community that are reshaping the FS market. The agenda also contextualised the impact of key technology trends such as: Cloud, Mobile, Big Data and Block Chain technology.
Veber FinTech Vs Banking consumer reportMarie Johnson
The Veber FinTech Consumer Survey was based on discovering user perceptions of Banking, a once stable and traditional industry landscape, in comparison to what we’re now seeing which is the ever changing innovative FinTech market. The survey focusses on the trends of FinTech and whether the face of traditional banking will change by 2020.
The white paper also includes video extracts from leading FinTech experts and an exclusive interview with
George Huntley, COO The Money Platform. George gives an in depth account of his FinTech startup journey and his views on the Banking industry and the rise of FinTech.
Horizon Scan: ICT and the future of financial servicesEricsson
A new research report from Ericsson and Imperial College London provides a broad horizon scan of the impacts of ICT on services for money, banking, insurance and risk.
Revue de presse IoT / Data du 22/01/2017Romain Bochet
Bonjour,
Voici la revue de presse IoT/data/energie du 22 janvier 2017.
Au programme :
- IBM Watson wants to help streetlights become smarter
- Monetizing Utility Data: The ‘Utility Data as a Service’ Opportunity
- Carnival Ocean Medallion: 5 takeaways from one of 2017's premier IoT projects
- DC's Gramercy District to become a $500m smart city test project
- Plateformes de données urbaines : quelle place pour l'énergie ?
- Acuity says it has deployed IoT lighting in 40 million square-feet of retail space
Je suis preneur d'autres artices / sources !
Bonne lecture !
Open Data e Smart Government: tecnologie e trend di mercato Alessio MeloniApulian ICT Living Labs
Presentazione nell'ambito del workshop: OPEN DATA E CLOUD COMPUTING: OPPORTUNITÀ DI BUSINESS. Una vista internazionale - 15 Settembre 2014 Pad. 152 della Regione Puglia - 78 Fiera del Levante Bari
Future of payments The emerging view - 12 11 15Future Agenda
This is the emerging view of the future of payments from the Future Agenda programme. The Future of Payments is undertaken in partnership with MasterCard. This view reflects insights from UK, Hong Kong, Dubai and Johannesburg, together with insights from other topics (e.g. data, currency, privacy, trade).
Capgemini reports on the major 2017 trends in the payments industry which revolve around three core areas of payment instruments, regulatory and industry initiatives, and key stakeholder strategies. Currently, the global payments industry is undergoing a paradigm shift with an influx of technology, demographic, and regulatory dynamics. While the customer facing part of the value chain continues to witness high levels of innovation, service providers are still grappling with back-end infrastructure enhancements. Trends such as new opportunities in the payments industry in terms of adoption of Open Application Programming Interfaces (APIs), growth in digital payments, innovation in cross-border payments, and challenges from the entry of alternative service providers are impacting the industry in terms of fostering competition, nurturing innovation, and enhancing process and system-related efficiencies.
Digital Currencies: Where to from here? explores the most popular of the digital currencies, Bitcoin, and outlines the current state of play in Australia, New Zealand and internationally. In addition to explaining how digital currencies work and examining the implications that they have on our tax and financial systems, the paper looks at the roadblocks currently preventing digital currencies from obtaining “mainstream” acceptance, and poses the question “Is it the future or is it a fad, and where to from here?”
There is no doubt that digital currencies are not a fad, they are here to stay. They offer businesses and retailers faster, safer, cheaper processing and potentially enable them to tap into new markets. However, digital currencies pose challenges for Governments in areas such as banking regulation, consumer protection and tax. Also, due to the anonymity that their use affords, digital currencies are often associated with organised crime and terrorist financing activities.
For accountants and auditors, one challenge is that owners of the currency are not personally identified or traceable but, on the flipside, the distributed ledger (called the blockchain) is transparent, displaying to everyone all transactions. Download your copy.
Overview of Digital Financial Services LandscapeJohn Owens
This presentation reviews the digital financial service landscape and is a primer for regulators and policy makers wishing to better understand current market developments.
The technology is in place to build more efficient, convenient and safer transport solutions. But there will be challenges to overcome, in terms of industry cooperation and trust on a sharing ecosystem.
Connectivity is causing a shift in business models from products to services, with data being the key asset affecting this change. As such, the transport industry is experiencing a seismic shift in technology, regulation and user behavior, which will force all key actors to reassess their business models.
Connectivity has already started to make an impact in the world of transport. The first phase focused on transactional connectivity, where data would be sent in the case of a traffic incident. Now, the focus of the second phase is on being connected, including sending and receiving data, and the ability to share it between companies and industries.
The technology is in place to build more efficient, convenient and safer transport solutions based on passenger vehicle-centric ecosystems. But there will be challenges to overcome, in terms of cooperating with new partners from different industries, gaining user trust, ensuring quality, reliability and security of data and controlling its flow in a highly shared environment. This paper takes a closer look at these challenges, and what will be required to move past them.
Lessons for interoperability remedies from UK Open Bankingblogzilla
The UK’s Open Banking programme is a world-leading experiment in requiring banks to open up customer accounts (with their explicit consent) to third-party providers. What lessons can be learnt from this case for legislation that would require dominant platforms to provide similar functionality?
"This thought leadership is a report detailing how Blockchain can be industrialized in ASEAN and how its potential can be unlocked across organizations. The report also clearly illustrates the implications of Blockchain, its key developments, how it impacts countries across ASEAN and a five-point test for assessing the fit of Blockchain for specific processes, all serving to provide meaningful insights into the current state of the FinTech industry in the ASEAN region."
Horizon Scan: ICT and the future of financial servicesEricsson
A new research report from Ericsson and Imperial College London provides a broad horizon scan of the impacts of ICT on services for money, banking, insurance and risk.
Revue de presse IoT / Data du 22/01/2017Romain Bochet
Bonjour,
Voici la revue de presse IoT/data/energie du 22 janvier 2017.
Au programme :
- IBM Watson wants to help streetlights become smarter
- Monetizing Utility Data: The ‘Utility Data as a Service’ Opportunity
- Carnival Ocean Medallion: 5 takeaways from one of 2017's premier IoT projects
- DC's Gramercy District to become a $500m smart city test project
- Plateformes de données urbaines : quelle place pour l'énergie ?
- Acuity says it has deployed IoT lighting in 40 million square-feet of retail space
Je suis preneur d'autres artices / sources !
Bonne lecture !
Open Data e Smart Government: tecnologie e trend di mercato Alessio MeloniApulian ICT Living Labs
Presentazione nell'ambito del workshop: OPEN DATA E CLOUD COMPUTING: OPPORTUNITÀ DI BUSINESS. Una vista internazionale - 15 Settembre 2014 Pad. 152 della Regione Puglia - 78 Fiera del Levante Bari
Future of payments The emerging view - 12 11 15Future Agenda
This is the emerging view of the future of payments from the Future Agenda programme. The Future of Payments is undertaken in partnership with MasterCard. This view reflects insights from UK, Hong Kong, Dubai and Johannesburg, together with insights from other topics (e.g. data, currency, privacy, trade).
Capgemini reports on the major 2017 trends in the payments industry which revolve around three core areas of payment instruments, regulatory and industry initiatives, and key stakeholder strategies. Currently, the global payments industry is undergoing a paradigm shift with an influx of technology, demographic, and regulatory dynamics. While the customer facing part of the value chain continues to witness high levels of innovation, service providers are still grappling with back-end infrastructure enhancements. Trends such as new opportunities in the payments industry in terms of adoption of Open Application Programming Interfaces (APIs), growth in digital payments, innovation in cross-border payments, and challenges from the entry of alternative service providers are impacting the industry in terms of fostering competition, nurturing innovation, and enhancing process and system-related efficiencies.
Digital Currencies: Where to from here? explores the most popular of the digital currencies, Bitcoin, and outlines the current state of play in Australia, New Zealand and internationally. In addition to explaining how digital currencies work and examining the implications that they have on our tax and financial systems, the paper looks at the roadblocks currently preventing digital currencies from obtaining “mainstream” acceptance, and poses the question “Is it the future or is it a fad, and where to from here?”
There is no doubt that digital currencies are not a fad, they are here to stay. They offer businesses and retailers faster, safer, cheaper processing and potentially enable them to tap into new markets. However, digital currencies pose challenges for Governments in areas such as banking regulation, consumer protection and tax. Also, due to the anonymity that their use affords, digital currencies are often associated with organised crime and terrorist financing activities.
For accountants and auditors, one challenge is that owners of the currency are not personally identified or traceable but, on the flipside, the distributed ledger (called the blockchain) is transparent, displaying to everyone all transactions. Download your copy.
Overview of Digital Financial Services LandscapeJohn Owens
This presentation reviews the digital financial service landscape and is a primer for regulators and policy makers wishing to better understand current market developments.
The technology is in place to build more efficient, convenient and safer transport solutions. But there will be challenges to overcome, in terms of industry cooperation and trust on a sharing ecosystem.
Connectivity is causing a shift in business models from products to services, with data being the key asset affecting this change. As such, the transport industry is experiencing a seismic shift in technology, regulation and user behavior, which will force all key actors to reassess their business models.
Connectivity has already started to make an impact in the world of transport. The first phase focused on transactional connectivity, where data would be sent in the case of a traffic incident. Now, the focus of the second phase is on being connected, including sending and receiving data, and the ability to share it between companies and industries.
The technology is in place to build more efficient, convenient and safer transport solutions based on passenger vehicle-centric ecosystems. But there will be challenges to overcome, in terms of cooperating with new partners from different industries, gaining user trust, ensuring quality, reliability and security of data and controlling its flow in a highly shared environment. This paper takes a closer look at these challenges, and what will be required to move past them.
Lessons for interoperability remedies from UK Open Bankingblogzilla
The UK’s Open Banking programme is a world-leading experiment in requiring banks to open up customer accounts (with their explicit consent) to third-party providers. What lessons can be learnt from this case for legislation that would require dominant platforms to provide similar functionality?
"This thought leadership is a report detailing how Blockchain can be industrialized in ASEAN and how its potential can be unlocked across organizations. The report also clearly illustrates the implications of Blockchain, its key developments, how it impacts countries across ASEAN and a five-point test for assessing the fit of Blockchain for specific processes, all serving to provide meaningful insights into the current state of the FinTech industry in the ASEAN region."
The study we present aims to explore several factors pertaining to Consumer Acceptance of business technology as it related to Blockchain. Identifying and developing the relevant measures is of importance to business technology managers and software development managers today. We ask the important question of “what measures best represent the established constructs of the technology acceptance model?” In order to address this issue, it is important to identify the key measurements that help us to understand the proposed constructs as they relate to blockchain technology as well as confirm their validity in isolation and in combination with each other. In this study, the factors we explore are perceived reputation, risk, and usefulness and transaction intentions. A survey was used whereby the methodology adapted previous measurements from related works and new measurements pertaining to usefulness and risk were developed in order to adhere to blockchain’s consumer acceptance framework. 268 students completed the questionnaire and an exploratory factor analysis was used in order to analyze the constructs and their measurements. Through the results we were able to identify and validate the relevant measurements as well as the proposed constructs.
Payments innovation is Critical for Every Global EnterpriseXTRMAccount
As fintech software and service innovations continue to disrupt the Financial Services market, even non-financial firms need to think about how to take advantage of this trend to improve
their payments processes for the benefit of the company, their customers and their partners.
89% of consumers switch to a competitor after a poor CX Abhishek Sood
89% of consumers switch to a competitor following a poor customer experience, according to an Oracle study. But how can you use digital technology to improve your customers' experience?
Uncover how several prominent businesses embraced digital technologies to retain customers and increase profits. For example, Domino's Pizza had a 23% growth in profit after it allowed customers to track their deliveries online.
Discover the 4 factors that can make a digital transformation project profitable and worthwhile.
On December 9 & 10, Deloitte hosted over 20 business executives and thought leaders at the Internet of Things (IoT) Grand Challenge Workshop at the Tech Museum of Innovation in San Jose. The objective of the gathering was to work collectively to solve one of the more largely unexplored areas of IoT: revenue generating IoT use cases. The following report captures what was discussed during this extraordinary event where an open, collaborative dialogue focused on advancing the field of IoT.
Explore the key findings here or learn more at www2.deloitte.com/us/IoT-challenge.
Evaluating the potential of blockchain technology to radically transform business
[Feel free to download the presentation if you'd like to view it offline]
Capco Blockchain, Distributed Ledger and Cryptocurrencies keynote to IIROC co...Craig Borysowich
blockchain overview with some use cases and automated compliance solution. Delivered to an audience of 400 compliance officers in the securities industry
An insightful and information packed White Paper on Cloud Security. A must read for ALL C-level business leaders. Moving to the Cloud does not change the responsibility back to the business, but it does change your risk profile.
How does Open Banking help Fintechs to fulfil customer expectations_.pdfAnil
Open Banking plays a crucial role in empowering FinTech companies to better fulfill customer expectations by fostering innovation, competition, and collaboration in the financial services sector. Here are several ways Open Banking benefits FinTechs and enhances the customer experience
Overview of major factors in big data, analytics and data science. Illustrates the growing changes from data capture and the way it is changing business beyond technology industries.
APIs challenge every notion of IT – governance, financial planning, team composition, success metrics, security – and many notions of business – secrecy, precise business agreements, locus of control.
This is not because of APIs as a technical evolution.
This is because APIs are part of the vanguard of the new world of work, the beginning of a 20-year productivity boom that will unsettle traditional hierarchies and business models in an even more pervasive way than the 10-year boom of the Web.
Looking back from 2018, how will you describe the changes and how you led your company to a dominant market position?
Open Finance is a new phenomenon around data and service sharing amongst financial institutions and other entities to enable of distribution of banking services. In this article below, penned by Ajith Thadhani (AVP-Global Sales & Business Development, Estel Technologies), we look at how Open Finance is the next step on the Open Banking agenda. Link to the article: https://bit.ly/3rJSzA1
Using Ontology to Capture Supply Chain Code HalosCognizant
Manufacturers need to create a lingua franca that extends throughout the supply chain ecosystem, in order to generate insights from the digital data encircling their employees, partners, processes and customers.
CAN SOMEONE PLEASE EXPLAIN CARBON ACCOUNTING AND DEFINE WHAT A CARBON LEDGER ...Workiva
Many jurisdictions have experienced considerable progress relating to the disclosure of climate-related information, however internationally aligned (or consistent) disclosure standards and requirements have not been mandated on a global basis. The result is an environment within which we have limited discoverability, consistency, comparability, and quality across the climate data available.
COP 27 host Bellona and CIFF - Digital Sustainability Disclosures Workiva
Moving from voluntary disclosures to mandatory disclosures, governed by securities regulators. That means the company has to give it vastly more attention, and these disclosures will be subject to increasingly rigorous systems, controls and procedures. Goes from being a communication function, to a compliance function as a regulated disclosure.
United states if air force academy april 2020 liv apneseth watsonWorkiva
"Sustainability reporting is not just report generation from collected data; instead it is a method to internalize and improve an organization’s commitment to sustainable development in a way that can be demonstrated to both internal and external stakeholders." Wikipedia
Auditing and Assurance Update on Non-Financial InformationWorkiva
44th World Continuous Auditing and Reporting Symposium Accounting and Auditing in an Artificial Intelligence Environment Foro Fundación Cajasol · Sevilla, Spain
March 21 & 22, 2019
The goal of TODE’2017 is to look into the future of RegTech and discuss key developments within the 10+year horizon. Participants will learn and discuss the requirements, challenges and solutions necessary to achieve transparent, efficient and global, trusted, open data ecosystems, responding to today’s market, regulatory, legal and technological developments. The conference sessions and panels will cross the industries of banking, insurance, pensions funds, investment firms, securities and other to enable connected view and analysis across legal, data and technological perspectives.
The Management Accountant in a Digital World The interface of strategy, tech...Workiva
In an era of digitalization of data processes, the management accounting profession has the potential to count even more. They interpret big data and exercise judgement. This presentation will explore new and emerging information technology trends that can help the management accounting profession take a leadership role within their organization by exploring the interface of strategy, emerging information technologies, and of cost information. We will further explore how the management accountant can apply emerging information technology to maximise the value of information while minimising the costs and risks of holding it.
Blockchain and XBRL at the 2017 American Accounting Association presented b...Workiva
The integration of "Blockchain and XBRL" provides a seamless data solution, with blockchain as a potential output from XBRL based reporting.
Blockchain’s smart contracts might also be facilitated by an XBRL’s powerful persistent data model.
The Impact of Technology on Audit at PIOB Madrid - presented by Liv Apneseth...Workiva
Regulatory and technological developments are changing the nature of financial markets, services and institutions in ways completely unexpected prior to the 2008 Global Financial Crisis
Natural capital accounting presentation at the xbrl euro filing 2017 presente...Workiva
The green gross domestic product (green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
1. October 22, 2008
U.S. Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-1090
RE: File No. 4-567 The 21st Century Disclosure Initiative
Dear Honorable Commissioners:
We welcome the opportunity to comment on the SEC’s 21st Century Disclosure Initiative. Given
the current market meltdown, this conversation could not be timelier. Recent scandals and
business failures have undermined investors’ confidence in those responsible for the content
and quality of the information companies report. With the crisis of investor confidence comes
the need to rebuild and regain trust in capital markets. In a digital global economy, information
– more importantly, electronically exchanged information – is the lifeblood of business.
Efficient capital markets and informed decision-making are dependent today upon the
exchange of reliable, validated, timely, accurate, reusable and transparent information over the
Internet or some type of secure electronic exchange. The capital markets, investors, regulators
and analysts alike have shown in the recent crisis that the disclosure of information upon which
they relied in the past is inadequate.
When we look forward to what a 21st century disclosure might be in the not too distant future,
the encumbrances of the current model peel away to reveal a more streamlined, straight-
through reporting process that is open, automated, reliable, continuous and collaborative – it is
also built on open source information and technology standards. The data itself becomes
machine readable, comparable, re-usable, structured and reliable, and the text components of
the disclosure are in plain English that can be easily understood by the individual investor.
We want to focus our comments on the future of corporate reporting and disclosure, and in
turn, identify trends in the market place that the SEC should take into account while designing
its 21st century disclosure systems, and give some specific recommendations.
We are submitting these comments as professionals who collectively have over 35 years
experience in corporate regulatory disclosure systems and financial and business reporting
standards setting. We have both worked for or advised companies that reported their
financials in XBRL under the SEC Voluntary Filing Program and have been involved with the
XBRL consortium since its founding 10 years ago. We have worked with regulators, stock
exchanges, government agencies, public companies, software developers, accounting firms,
data aggregators, professional organizations and other stakeholders in the business information
reporting supply chain on interactive data technologies globally.
2. TRENDS AFFECTING THE REPORTING PROCESS OF THE FUTURE
Information Will Be Available via a Ubiquitous Internet
Despite the positive contributions technology has made to financial and business reporting
processes over the last decade, the hype surrounding the benefits of new technologies often
exceeded the reality. In many cases, technology was not mature enough; technical
infrastructures required for success were not widely available; new technologies were simply
too complex to be easily deployed or used. The 21st Century will see the reality of technology
catch up with the hype of the last decade. Broadband and wireless networks will become
ubiquitous.
Computing Power Will Be Cheaper; Internet Will Become a Broader Platform
Increasingly advanced - yet cheaper - computing power will greatly improve the collection,
analysis and sharing of financial and business information. The Internet will become a platform
that provides analysts and users with a wide range of new tools, services and capabilities.
Technology will become cheaper, pervasive, and easier to deploy and use.
Web Services Will Drive More Innovation
Leveraging the emerging 21 century digital infrastructure, inexpensive and easy-to-use Web
services and tools will extend the ability of mass collaboration to build complex online
applications and create, communicate, and share financial and business economic information.
The emergence of this Web platform—in both the real-life physical world as well as emerging
virtual landscapes—will drive business formation, operation, and innovation.
Continuous Reporting Will Drive a Faster Information Flow
The streamlined reporting process of the future will also move to one that is almost exclusively
automated, setting the stage for the continuous flow of information from preparers to the SEC
and conceivably other stakeholders such as banks or lenders, investors, analysts, academia and
financial media. The continuous flow of information in this process will necessitate continuous
auditing and emerging techniques such as embedded audit modules to validate and verify
information distributed as part of the reporting process. Suffice it to say that at some time in
the future some type of independent verification will be necessary to maintain the data
credibility, integrity and reliability.
Reporting Will Be More Open and Efficient, Built Upon XBRL – A Global Unifying Standard
The Reporting Process of the Future will move from an expensive, inconsistent process that
relied heavily on proprietary filing solutions from a variety of vendors – and not built upon a
single global information standard – to something much more open source and efficient. There
will still be freedom of choice for filing solutions available to preparers. However, these
solutions will be built upon the unifying XBRL standard promulgated by XBRL International, Inc.,
a global non-profit consortium of organizations working together to develop a unifying business
reporting standard for companies around the world.
3. This XBRL standard will be developed from a collection of XBRL open source taxonomies. Open
source benefits all solution developers by enabling them to innovate and build their own XBRL
solutions off the same consistent platform, much like you see developers creating iPhone
applications for the Apple iPhone platform today.
Information Will Be More Discoverable; Access Will Be Democratized; Financial Documents
Become Interactive
A unifying XBRL standard will make all the information reported under the new process globally
discoverable by all who wish to do so, not just to those with the deepest pockets who can
afford subscriptions to data feeds. This approach appeals to the retail investor because it brings
business and financial information that would have previously been obtainable only by
institutional investors and Wall Street shops to Main Street so that they too can make better
informed investment decisions. Democratization of financial and business information in open
source reporting standards such as XBRL promises eventually to give individual investors the
same kind of analytics capability that used to only exist for those who could afford typical
$1,000 and up subscriptions from data aggregators.
Financial documents are becoming digitized, networked and enriched with services, but much
more is underway. It is becoming a truly interactive application rather than a static document,
and, as such, financial and business information becomes a solution for mass collaboration over
the Internet.
Mass Collaboration and Peer Production Online Models Will Abound; Machine Readable
Information a Must
XBRL may help drive a new generation of innovators who will interact with companies on the
Internet via social networking sites or other collaborative online spaces that will consume data
automatically into open source analytical models. The rise of social networking models on the
Internet has driven the shift to a new development model – one that relies on open source
models along with mass collaboration or peer production to solve problems, analyze
information, examine impact, make recommendations and explore alternatives. This is
commonly known as the ‘wiki’ model today and is being actively used by businesses for R&D
and other key functions. It’s conceivable that in the world of financial and business reporting,
the wiki model would also apply: picture Web sites on which company financial information is
rendered, normalized and analyzed by groups of investors, analysts and any other stakeholder
who wants to contribute. The impact of this information is discussed by the open group with
the thinking that the ‘hive mind’ collectively can ascertain the meaning and impact of the
information far better than can any single stakeholder. Extrapolating this further, could mass
collaboration help individual investors make far better, more informed and better analyzed
investment decisions as a result? The general thinking is yes. By adopting XBRL as the
information standard of choice for all regulatory filings, the SEC has the opportunity to provide
machine-readable data equally to all investors and users – effectively disintermediating the
data aggregators who fail to adapt their current models to the wiki mass collaboration
approach.
4. The SEC Will Provide a Continuous, Raw Data Feed – Not Rendered or Normalized; ‘Haves’ vs.
‘Have-Nots’ Paradigm Goes Away
Building on a continuous, straight through reporting process that produces comparable, re
usable, reliable, credible information upon which the SEC and other stakeholders can rely, the
consumers and users of this information need to be able to pull the data from a continuous
data stream into whatever tools and analytics they want. As the SEC should not be in the
business of normalizing or rendering data, it leaves that ability to the users – and tool vendors –
to siphon data off the stream in the tools they want and in any way they want. With all
stakeholders having access to the raw data stream from the SEC at the same time, this
democratizes access to data. The ‘haves’ vs. ‘have-nots’ paradigm goes away, giving equal
access and opportunity to all users for their own consumption, analysis and decision making.
The information coming off the SEC’s raw data stream is completely automated and machine
readable. The action of pulling real-time data off the stream is handled seamlessly by the
plethora of tools that would be developed for users.
A Culture of Accountability and Transparency Must Prevail
We cannot expedite financial recovery and rebuild trust among investors and key stakeholders
without first building an efficient, reliable and timely reporting and disclosure process. Therein
preparers must be truly accountable for the accuracy, integrity and timeliness of the data. A
culture of transparency and accountability must first be cultivated before the seeds of trust can
be sown into a thriving financial ecosystem. Only then can we harvest the benefits of better,
more transparent disclosure of financial and business information for the investing public.
RECOMMENDATIONS
In summary, we recommend the following to the SEC’s 21st Century Disclosure Initiative:
1. Mandate XBRL as the machine-readable reporting standard of choice for all SEC
registrants’ disclosure information, thereby reducing the reporting burden for
preparers;
2. Move towards a continuous reporting stream of raw, XBRL-tagged data for users that is
not normalized, thereby eliminating forms-based reporting and moving towards a wiki
model of mass collaboration on that data and allowing company management to tell
their own stories;
3. Continue funding taxonomy development, thereby facilitating greater transparency and
comparability;
4. Stop trying to render peer-to-peer, comparable XBRL data (e.g., discontinue any XBRL
viewer development) that tries to show competitive analysis. Without normalization of
the data, comparability is not possible. Consequently, comparability should be left to
users, not the SEC. Users should have equal access to the raw data for their own analysis
and make better investment decisions.
5. 5. Continue expanding its disclosure system to meet the comprehensive information needs
of investors and allow complementary reporting frameworks such as sustainability,
enhanced business reporting/KPIs, and others.
Again, we are very supportive of the work that the SEC and the 21st century disclosure initiative
are doing. We appreciate the opportunity to comment on the proposal and are willing to meet
with the SEC and members of the Committee to discuss any of the trends and issues we have
highlighted above.
Sincerely,
Liv Watson Brad Monterio
Board Member Managing Director
IRIS Business Services CMH Partners/Colcomgroup
New York, NY New York, NY
liv.watson@irisindia.net bmonterio@colcomgroup.com