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Jul 15, 2024 | 
finextra.com | Veronika Tibilashvili |Steven Rackham |Tejasvi Addagada |Cheryl Chiodi
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External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Preventing fraud is a major concern for every financial institution.
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Jul 15, 2024 | 
finextra.com | Steven Rackham |Tejasvi Addagada |Cheryl Chiodi |Abhinav Paliwal
KYC (Know Your Customer) and Due Diligence are key elements for the successful operation of any business, especially in today's globalized world, where the risks of fraud and financial crimes are increasing. These procedures help companies avoid legal problems,
preserve their reputation and protect their financial interests.
What is KUS and Due Diligence?
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Jul 9, 2024 | 
finextra.com | Eddie Harrison |José Pierre |Matt Ryan |Tejasvi Addagada
When businesses are looking to optimise resources and cut costs, investing in new technology or upgrading their systems can seem like an expense that isn’t worth the risk.
But even though a company may think it is saving money by not investing in new tools, upgrades, and digital transformation projects, the ‘technical debt’ it will accrue from holding onto its older systems will quickly mean it is paying much more in the long
run.
What is technical debt?
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Jul 6, 2024 | 
finextra.com | Matt Ryan |Tejasvi Addagada |Brian Montgomery |Marcus Martinez
In a world where power and authority are often equated with loudness and assertiveness, the quiet strength of humility stands in stark contrast. True leadership, marked by humility, is a powerful force that transforms organizations and inspires loyalty and
trust among followers. Humble leaders are quick to forgive, difficult to offend, and always prioritize the well-being of their team over their own egos.
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Jul 4, 2024 | 
finextra.com | Tejasvi Addagada |Cheryl Chiodi |Abhinav Paliwal |Raktim Singh
The deadline for organisational compliance with DORA is at our doorstep. With the 17th of January 2025 just under 6 months away, it’s safe to say that the clock is ticking for financial services to be ready for the regulation. Preparing for such a significant
piece of regulation can be difficult for financial organisations of all sizes, but it is equally important for businesses to recognise the specific advantages they have to make the compliance journey smoother.
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Jul 1, 2024 | 
finextra.com | Tejasvi Addagada |Brian Montgomery |Marcus Martinez |Raktim Singh
, and with more choice than
ever, particularly when it comes to financial services, wealth management and digital asset management, the amount of choice can be confusing.
For potential clients, it can be tempting to pick whatever’s easiest rather than struggle to find the best product amongst many, hence why so many people use retail investing apps, which already had
, rather than building a relationship with a wealth manager.
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Jun 28, 2024 | 
dataversity.net | Tejasvi Addagada
In today’s data-driven landscape, organizations face the challenge of integrating diverse data sources efficiently. Whether due to mergers and acquisitions (M&A) or the need for advanced insights, a robust data platform with streamlined data operations are essential. Data fabric is a design concept for integrating and managing data.
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May 20, 2024 | 
tejasviaddagada.medium.com | Tejasvi Addagada
In data management and governance, integrating management of reference data (RDM) with data quality (DQM) is crucial. This ensures accurate, consistent, and reliable transactions and daily operations. Collaboration fosters shared responsibility and maintains high-quality data standards. I. Imagine an orchestra preparing for a grand performance.
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Apr 19, 2024 | 
dataversity.net | Tejasvi Addagada
To embark on data governance in an enterprise that spans divisions and diverse stakeholders, a well-defined operating model plays a vital role in achieving expected business benefits. Data mesh is a new concept that encourages data democratization within an organization in a decentralized way by promoting data products.
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Feb 28, 2024 | 
finextra.com | Nicholas Holt |Quentin Colmant |Tejasvi Addagada |José Pierre
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External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Fintech has evolved radically in the last few years, thanks in no small part to artificial intelligence (AI) and machine learning (ML).
