Yves Mersch, a Member of the European Central Bank’s Executive Committee and former Governor of the Central Bank of Luxembourg gave a speech this week in Helsinki, describing some of the opportunities and challenges that central banks face as they consider the possibility of issuing an official digital currency. A fiat version of a bitcoin, […]
A very interesting report from FINRA was released on Wednesday, identifying areas that need to be considered by Securities Industry participants that are exploring the use of DLT, or Distributed Ledger Technology, to replace traditional centralised infrastructure. The paper concentrates on clearing and settlement and asks a series of questions about aspects of the ongoing […]
With so much high quality structured data becoming available, there’s still a lot of ground to be gained in more “traditional” types of analytics and definite possibilities for significant automation and digitisation even without the application of AI.
Having robust structured data as the foundation for FinTech applications will only improve the utilisation and utility of both.
We expect significant advancement in analytics using structured data in 2017.
A lot happened this year, but a few things stand out as not just being news for 2016, but for indicating trends that will continue or accelerate in 2017 as well.
The XBRL consortium is a community of people working together to digitise a vital aspect of the global economy – enhancing the efficiency, accountability and transparency of business performance.
Earlier this year we brought to your attention the fact that firms just aren’t using the massive amounts of data they collect (see story, right). Now there’s new research bolstering that notion. In a new 136-page report, The Age of Analytics: Competing in a Data-Driven World, the McKinsey Global Institute examines the application of analytics, and how businesses […]
Alternative presentations of XBRL data using JSON and CSV, along with the increased use of iXBRL, are creating new opportunities for investors, analysts and others to access XBRL data directly.
There is proven phenomenon of countries without significant telecommunications infrastructure “leapfrogging” landlines and moving straight to a robust mobile network. Could business reporting work the same way? Business reporting in Tunisia is currently paper based and not particularly comprehensive, but the government in Tunisia is actively seeking foreign investment and is under pressure to enact […]