Consultancy Insights

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Q&A: Financial data reconciliation – new mindset, new technology

12th October 2020

Company: ReconArt, Inc.
What are the main reasons these days for companies to pursue reconciliation automation? Reconciliation automation fits into the broader concept of business transformation in the realm of finance & accounting. To put it in a perspective, those efforts are aimed at reducing manual operations, tackling complexity, securing greater reporting... read more
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Reconciliation software demand shakes up fintech partnership ecosystems

22nd September 2020

Company: ReconArt, Inc.
By definition, corporate process optimisation propelled by digital transformation is a continuous effort. Technology innovation, pressure to stay ahead of the competition, and evolving customer needs demand enterprise act. Despite potential internal resistance, doubts and concerns about taking the leap forward, the real challenge is to stay... read more
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How financial services firms can secure their WFH networks

14th August 2020

As the coronavirus continues to haunt the human race, many companies worldwide have stretched out their work from home (WFH) arrangements—some of them permanently. Technology giants are leading the way back home, as companies including Twitter, Square, and Facebook roll out variations of  “work from home forever” models. Like... read more
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Using neuroscience to banish presenteeism from the financial sector

2nd June 2020

Presenteeism is a deep-rooted issue in financial organisations, with a drastically negative impact on personal wellbeing and billions of pounds worth of impact on the UK economy. Employees who are physically present but are unable to work at full capacity because of poor mental health are shadows of themselves. And often the issue stems from... read more
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At 60, COBOL continues to power FS

9th September 2019

Company: Micro Focus
In the world of commerce, disruptive technology can make all the difference, but so often comes from simple idea, and usually one borne out of necessity. Caxton’s printing press was based on the need to produce larger quantities of written material to the court. The automobile was an attempt to support greater workforce mobility to the... read more
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Post-Brexit software support required for SMEs

23rd November 2018

Company: bobsguide
Small businesses are still struggling to figure out the implications of Brexit and will have a “desperate need for support”, says Pamela Novoa Ralli Sage’s vice president, product. “We fundamentally believe that Brexit will have an impact on our customers, probably much bigger than the impact something like GDPR had.... read more
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Report: Fintech startups need to up their game in increasingly turbulent funding rounds

19th July 2018

Company: bobsguide
A new report has found that only 1 in 10 fintech startups succeed, with seed/angel investment dropping by 57% between 2010 and 2017. In 2010 average seed funding was $6.84m, a figure that fell to just $3m despite total funding rising from $205.3m to $851m, reinforcing the growing competition in the fintech market. The report also... read more
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“Banks must prepare for API unknowns”

12th April 2018

Company: bobsguide
A lack of clarity over the potential products and services spawning from the open banking revolution will make it difficult for the industry to prepare for how the market will change. “I don’t think there’s anyone that can tell you what kind of services will be delivered off the back of these APIs,” says Nick White, vice... read more
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Streamlined and secure: How the cloud will benefit core banking

7th February 2018

Company: RedPixie
Cloud, namely VDI, is one of the fastest growing solutions as CIOs quickly realise that the vast improvements in security and underlying infrastructure are paving the way to greater efficiency, reduced IT spend, and greater scalability. In 2018, we continue to see maturing cloud technology accepted into mainstream enterprise operations.  ... read more