Blogs

"The unknown can be exciting and full of opportunity, but you have to be involved and you have to be able to evolve." -Alice Bag When it comes to hosting a website or application, banks and financial institutions, particularly medium seized nimble hedge funds and fintechs, have multiple options. Two of the most frequently used options are – commercial shared hosting and cloud hosting. While shared hosting relies on a single or distributed physical servers, cloud hosting draws on the power of the cloud, or multiple virtual interconnected servers spread across disparate geographical locations. In shared hosting, multiple users accede to sharing of the resources ...
In the good old days, an organization’s ability to close its books in time at the end of the financial year was a test of its data maturity. The mere presence of a standard accounting platform was not sufficient to close books in time. As CFOs struggled to reduce the time to close from months to weeks and finally days, they realized the importance of clean, consolidated data that was managed and handled by a robust Data Execution framework. This lengthy, tiresome and complex task was essentially an exercise of data consolidation - the "closing of the records" or setting the records straight. Data as per the Oxford Dictionary of Accounting is quite simply a "procedure ...
In the good old days, an organization’s ability to close its books in time at the end of the financial year was a test of its data maturity. The mere presence of a standard accounting platform was not sufficient to close books in time. As CFOs struggled to reduce the time to close from months to weeks and finally days, they realized the importance of clean, consolidated data that was managed and handled by a robust Data Execution framework. This lengthy, tiresome and complex task was essentially an exercise of data consolidation - the "closing of the records" or setting the records straight. Data as per the Oxford Dictionary of Accounting is quite simply a "procedure ...
Global Warming! Climate Change! …Industrialization! These frightening terms are part of today’s reality and are increasing at an alarming rate. As a result of the global industrial revolution and population explosion, the carbon footprint is increasing, contributing to global warming and climate change. One of the world’s most pressing challenges is reducing carbon footprint, and every energy company is looking for ways to reduce greenhouse gas emissions. Net-zero is still a dream as many strive for carbon-neutral approaches. Recently Google announced that it aims to operate on 24X7 carbon-free energy by 2030. “Solving climate change is humanity’s next big ...
Digitalization has enabled enterprises to grow at lightning speed! While digitization has many advantages, it also has its downsides, including the significant increase of unstructured data and uncontrolled data sprawls. Security, risk, and compliance concerns have turned data into a liability rather than an asset. Thankfully, technology has given us a magic wand in the form of cloud computing! By proactively utilizing cloud storage, enterprises can prevent data lakes from turning into data swamps, prevent data loss, and secure data. Cloud computing often requires organizations to undergo a long, complicated, and stressful migration process. Among the ...

Test 040122 - April Fools

Testing blogs post add to HLBlogger security group
Ontochain is a European Commission’s Next Generation Internet initiative to fund projects combining Blockchain technologies with knowledge management solutions that address the challenge of secure and transparent knowledge management as well as service interoperability on the Internet. GraphChain is now one among the seven projects currently supported by Ontochain. It addresses the basic technological proposition for this initiative, i.e., the synergy between ontologies and the Blockchain mechanisms. The generic use of this technology is the trusted, irrefutable, confirmable, and highly available dissemination of knowledge represented by semantic ontologies ...
(author: Dominik Kuziński , MakoLab SA) What is schema.org Schema.org is a collaborative, community activity with a mission to create, maintain, and promote schemas for structured data on the Internet, web pages, email messages, and beyond. Schema.org vocabulary can be used with many different encodings, including RDFa, Microdata, and JSON-LD. These vocabularies cover entities, relationships between entities and actions, and can easily be extended through a well-documented extension model. Over 10 million sites use Schema.org to markup their web pages and email messages. Many applications from Google, Microsoft, Pinterest, Yandex, and others already ...
The difference between running a robust regulatory compliance program and merely doing regulatory reporting is rather like driving a car with a compromised engine and never investigating what is wrong. Just because a financial institution submits a report does not guarantee compliance, nor does it enable successful audit defense or drive useful business intelligence. Is your data lineage and Basel reporting engine in good working order? In other words, does your car come equipped with all the latest technologies and enhancements that make driving not only safe, but even a pleasure? Read More