The Road to Smart Banking

whitePaper | January 6, 2020

Finance’s role is evolving. Following the 2008 financial crisis, it guided the business through extraordinarily difficult economic times, relying on cost management and lean practices to keep their organizations afloat. Today, finance must switch gears and find ways to navigate sustainable and profitable growth.

whitePaper | March 16, 2022

Data is often referred to as the “new oil” of the digital economy. It is a powerful asset used by companies to improve their services and to build artificial intelligence (AI) models. However data can often be used to “lock” consumers into a service. A move to consentdriven access to all user data can break that lock, make it easier for consumers to move between different service providers and unleash a wave of innovation. Open Banking can also help facilitate financial inclusion, better serving those on the margins of society by offering a bridge to the formal economy.

whitePaper | July 30, 2022

If you’re from the southeast like I am, you might recognize late August and early September as a special time of the year. It’s a time the weather is cooling down, schools are starting up again, and most importantly, the lights on the football fields around the country are set to illuminate for the first time since February. It’s also the time of year that you can turn on any sports network and have a good chance of catching a coach talking about the upcoming season and their first matchup of the season.

whitePaper | April 19, 2023

A key responsibility of every CFO’s role is forecasting cash position. Not only is this necessary to report to shareholders, but it’s also essential to building financial resilience for the long-term. To give an ongoing example, the recent global uncertainty has shown that understanding your working capital access is crucial to your ability to cope with disruption. But short of investing in a pack of tarot cards, how can CFOs accurately predict what’s next?

whitePaper | May 24, 2022

DTCC’s 2015 white paper, Understanding Interconnectedness Risks, underscored the importance of looking at the global financial system as a complex network of interdependent components. Building on efforts by academics and researchers to apply network theory and other insights to financial risk management, the paper highlighted how the failure of a large and highly interconnected entity can impact the financial system and the real economy to the point where it can cause worldwide financial instability.

whitePaper | January 20, 2020

Over the past year we have seen a number of groundbreaking announcements from central banks around the world exploring the issuance of central bank digital currencies (CBDC). In this paper we provide an overview of the potential and risks of CBDC, as well as an example of how a CBDC could be designed and built on the Ethereum blockchain. The intention is to give the reader not just a good background to this important topic, but also – by means of a concrete proposal – a practical look at what the implementation of a CBDC might entail.