Have you ever wondered how big “big data” is? Although practitioners and amateurs go into endless discussions on this regard, they all agree on one relevant aspect: businesses harness the power of big data when it supports decision-making processes. Indeed, humans have used data to answer questions for centuries; what …
Digital banking can give a boost to bank’s bottom line. When transactions are done on a mobile app instead of in a branch, they can be dramatically cheaper. They can also generate more revenue from clients who manage their money with a smartphone, tablet, or PC. But not all banks …
With the year coming to an end, 2018 will prove to be a period of change. In order to make sure you are ready for regulation & digital, we’ve created a special New-Year menu. Enjoy!
Change in Asset & Wealth Management (the ‘AWM industry’) is now accelerating at an exponential rate. Although the industry is set for growth over the next ten years, asset and wealth managers must become business revolutionaries, even disruptors, if they’re to survive and prosper. We’ve identified 4 interconnected trends that …
The Luxembourg government is set to bring more flexibility in how financial institutions outsource certain activities. The Bill of Law 7024 aims at facilitating the implementation of outsourcing arrangements and related handling of sensitive client data. We’ve surveyed several business leaders to see what kind of outsourcing strategies they have …
Women are more successful than men in crowdfunding. In 2015 and 2016, campaigns led by women were 32% more successful than those led by men, across many sectors, countries and cultures. Is crowdfunding the shortcut women entrepreneurs needed to access finance and bypass traditional mechanisms and their deep-rooted bias? What’s …
No sector or business is in any way immune from the impact of Artificial Intelligence. Global GDP will actually be 14% higher in 2030 as a result of it. This makes it the biggest commercial opportunity in today’s fast changing economy. We examined the real value of AI for your …
Technology transforms the world and the financial sector. Digitalisation takes competition and innovation capacities to new levels. For those of you still hesitating on embracing the digital wave, here are five reasons to make the leap:
Confident in their growth prospects, Luxembourg CEOs are not complacent. They understand the need to transform their business to accommodate technology advances and the shift in global economic power. They also worry about getting the right skills and people profiles. Some of them have mixed feelings about Brexit. We’ve taken …
Cloud-based services, stronger governance and data protection are just some of the new provisions meant to simplify IT outsourcing for regulated entities. The Commission de Surveillance du Secteur Financier (CSSF) Circulars published in May could change the design of financial institutions’ operational processes in Luxembourg. More support for cloud-based services …
