A software development team consists of IT developers who have complete development knowledge. It is vitally important that if you are interested in outsourcing, you find experienced developers that understand your business. The finance world is very complicated, trying to explain the simplist of development tasks to in-experienced developers is only guaranteed to waste your time and money not matter how amazing they are at software development. It is not wrong to say that on
When it comes to Financial Crime Compliance (FCC), customer due diligence (CDD) is one of the most important and complex parts of the KYC (Know Your Customer). What is Customer Due Diligence? Financial institutions use a series of processes for collecting and evaluating specific information about customers; this relevant information is known as Customer Due Diligence. CDD aims to uncover the potential risks that the business is facing or may face in the future. Information ab
Digitalizing your business is important if you want to grow it and get effective outcomes. The major thing in any financial business understanding what you own and how much it is worth, therefore your assets need to be priced on a daily basis. Owning a lot of assets and understanding their price is essential and no mean feat if you are to manually do this on a daily basis. Automating the daily prices in your back end systems for keeping your portfolio up-to-date is essential.
Do you find your team spending a lot of time using the computer and going through different data sources, hours on end in Excel sellotaping data and data sheets together in the hope of producing enough data in a report to show to the management team in order to ultimately sending them out to clients, then finding they have to do the same task again tomorrow? Checking and updating data, report it, check it, and upload it? Generating client reports can be challenging but automa