CHANGING THE CORE BANKING SYSTEM THE AGONY OF CHOICE

| April 15, 2018

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Banks are subject to ever higher cost pressures characterized by shrinking margins and increasing investment needs. The implementation of new requirements especially triggered by regulation and digitalization is driving costs in an increasingly competitive environment. Thus, the need to review and optimize the existing IT architecture and depth of value creation is growing steadily. In many banks, a high level of heterogeneity and complexity of the system landscape can be observed. Customized solutions, satellite systems, and historically grown structures dominate the scene. For this reason, the expansion or adaption of the existing system landscape is usually linked to high IT costs and extensive implementation schedules.

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TaxToken

TaxToken is a blockchain-as-a-service company that leverages blockchain technology and artificial intelligence to provide financial, accounting and tax solutions to companies and individuals. Integration with smart cards, smart contracts and our capital asset manager provides innovative ways to solve both old and new problems. TaxToken is creating the necessary accounting infrastructure for the future.

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Spotlight

TaxToken

TaxToken is a blockchain-as-a-service company that leverages blockchain technology and artificial intelligence to provide financial, accounting and tax solutions to companies and individuals. Integration with smart cards, smart contracts and our capital asset manager provides innovative ways to solve both old and new problems. TaxToken is creating the necessary accounting infrastructure for the future.

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