Technology Strategy & Implementation Insights
Boost business success via insights on emerging trends in digital transformation and IT strategy; practical frameworks you can apply; and guidance from the world’s experts in leadership, IaaS, investment prioritization, operational excellence, sustainable innovation, change management, enterprise agility, and applying emerging technologies.
Refining Reconciliation: A Machine Learning Approach to the Financial Industry’s Toughest Task
In this article, we examine different machine learning mechanisms and propose a maximally specific conjunctive approach to fitting massive data sets in the real world of reconciliation. Furthermore, we provide a balanced solution to address the high skewness in reconciliation data sets.
A Robo-Advisor for China: Asset Allocation in Alpha UMa
There are 100 million retail investors in China. However, traditional financial advisors charge a lot, and not all investment advisors are trustworthy. For retail investors, it takes considerable time and knowledge to conduct portfolio management, and it is difficult for most retail investors to offset potential risks due to capital requirements in China. As a result, most of China’s retail investors are not able to gain secured returns in the country’s securities market.
Challenges and Success Factors in Global Test Outsourcing
Nowadays, many companies contract their testing functions out to third-party IT outsourcing companies. This process, referred to as test outsourcing, is common in the industry, yet it is rarely studied in the research community. To bridge this gap, we performed an empirical study on test outsourcing with 10 interviewees and 140 survey respondents. We investigated various research questions and found that customer satisfaction expectations, tight project schedule, and domain unfamiliarity are the top three challenges testers face.
Modernizing Legacy Systems with Machine Intelligence
BlueMorpho is a joint research project between InSigma Hengtian Software Ltd. and Zhejiang University in Hangzhou, China, the goal of which is to empower the legacy system modernization effort and cloud migration. My BlueMorpho colleagues and I believe that about 50%-60% of overall migration costs can be saved with the use of machine intelligence and a new methodology.
Wise Crowds, Safe Crowds: Balancing Diversity and Protection in Crowd Investing
Small and medium-sized enterprises (SMEs) represent 99% of the businesses in Europe and are a major source of jobs and innovation. SMEs, however, perpetually face a lack of sufficient funding. Traditional financing mechanisms such as bank loans, venture capital, and angel investments are often not available to many SMEs. Peer-to-peer financing in the form of crowdfunding is increasingly filling a funding gap for companies that are unable to obtain traditional financing or are too early in their lifecycle to attract angel investors and venture capitalists. Indeed, it was predicted the amount of funding received through crowdfunding would exceed venture capital in 2016.
Beyond Fintech: New Frontiers — Opening Statement
This issue focuses on key topics of interest for financial services organizations, namely equity crowdfunding, legacy systems migration, robo-advisors, test outsourcing, and refining the reconciliation process.
Digital Disruption of Business Models: The Mass Mitec Story
Today, the raft of truly disruptive and empowering consumer technologies is both unprecedented and, to a large extent, unpredictable in its consequences for businesses of all sizes and for society as a whole. This Executive Update charts the digital transformation of Mass Mitec, a UK-based small-to-medium enterprise, via a disruptive digital technology in the 1990s and uses the story as an illustration of the potential and dangers of digital disruption.
Google Plays Go, Again
Here comes the automation of innovation. Organizations that move quickly and introduce these systems are going to be well placed to gain insights that will give them serious competitive advantages to their more staid competitors.