The insurance industry will also benefit as private businesses increasingly bypass the public internet and communicate with one another direct, predicts Equinix.
The implementation date of Europe's revised Markets in Financial Instruments Directive, aka MiFID II, is fast approaching. Yet evidence suggests that awareness about the impact of Brexit on MiFID II is, at best, only patchy and there are some alarming misconceptions.
While offering a range of benefits, smart contracts also present users with major challenges and won’t fix inefficiencies in a company’s supply chain.
Steel producer thyssenkrupp and chemicals group BASF were among the multinationals to report on their experiences at the recent SAP Ariba Live event in Prague.
The digital currency has risen sharply since the start of the year and is above the US$1,800 level for the first time.
A Dun & Bradstreet study finds UK financial directors and CFOs believe their role has expanded - and with it the potential for error.
The distributed ledger platform developed by the trio allows major steps in a crude oil transaction to be digitised on the blockchain.
The software and IT services giant will leverage the technology across its cloud-based application and business networks and is teaming up with London-based fintech Everledger.
Although the EU’s Markets in Financial Instruments Directive (MiFID II) is now better understood by asset management firms, too many grey areas still surround the regulation, claims Linedata.
With multinationals (MNCs) facing an ever-more complex regulatory compliance challenge, the ability to automate reporting and stay current with local legislation changes is vital.