Deep Dive: Modernizing Cross-Border Payments Infrastructure For Speed, Access

| July 2, 2019

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Cross-border B2B transactions generated about $125 billion in revenue in 2018, leading more FIs and FinTechs to seek to update their infrastructures and better serve the needs of this sizable and growing sector. Business clients want fast, transparent payment methods that can easily convert currencies, but traditional correspondent banking tools are not always in line with today’s demands. Modern automation technology has helped provide more streamlined cross-border transfers by reducing the number of intermediary players needed, enabling quicker data processing and more. Plenty of obstacles remain, however, including the lack of common standards for developing and governing technologies like distributed ledger technology (DLT). If provided, such policies could better support secure interoperability between different DLTs. This month’s Deep Dive explores how infrastructure improvements have led to greater speed and service for cross-border payments, and where further developments are still needed.

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Advansys ESC

Advansys ESC is a Global Business Transformation company, headquartered in Dubai, with global offices in the United States, the United Arab Emirates, the United Kingdom, Germany and Egypt.

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A Cloudy Future: Data Center Demand and COVID-19

Article | April 15, 2020

COVID-19 has altered our world. In this series of stories, Data Center Frontier explores the strategic challenges the pandemic presents for the data center and cloud computing sectors as we navigate this complex new landscape. We begin with a look at how COVID-19 is impacting demand for digital infrastructure. The COVID-19 Coronavirus pandemic has reinforced the importance of data centers and cloud computing for our society. In the early days of the crisis, the data center

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COVID-19 and the IT sector: Challenges and Opportunities

Article | July 30, 2020

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On the other hand, let’s also not forget what the changes have meant for the health of our ecosystems. With industries across varied sectors forced to work remotely and shut down operations, the changes have led to benefits for the environment – and we could argue that such break was something that our planet was desperately in need of. Even now, as we start to see our way out of this situation, it’s hard to believe how it all happened. For most countries, it was a similar case: we were hearing news about a new virus spreading in China; and before we knew more about it, the virus arrived in our own territories. It seemed unlikely, and yet, a few days later, the virus was quickly spreading, and lockdown restrictions came into effect for almost every nation in the globe. Millions of workers around the world had to leave the office and make a quick switch to remote working, without much notice at all. 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The IT landscape has mutated, and quite possibly it has changed for good. Technology leaders will have to continue to listen to the evolving needs and demands of the users and the markets in which they operate. For MSPs, it means the crisis is bringing opportunities to provide value to clients seeking support for enhanced mobility and flexible working. Now that work-from-home setups are in place, there’s room for improving remote access solutions and security measures. Cloud migrations, which are expected to increase after the pandemic, present an opportunity for remote employees to improve collaboration and business resiliency. There will be a push towards more robust cloud-based solutions, and these migrations are likely to become one of the top opportunities for the months to come to drive revenue for MSPs, as well as VoIP solutions, business continuity and hardware sales. The pandemic seems to have accelerated the demand for cloud services and security solutions. MSPs will play an important role in finding the best solutions for every business type, to enable them to work more flexibly and effectively. IT providers will be increasingly tasked with the job of securing devices and protecting employees as they work remotely, especially for SMBs.

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Graph machine learning in distributed systems: What you need to know

Article | March 16, 2020

Just as graphs make it easier for us to understand and act on complex data, graph machine learning can take graph theory a giant step further. But can it even help today’s service providers to improve reliability and predict anomalous behaviors in complicated distributed systems? Find out below…How much do you know about graph representation of data? Over the last two decades, graph theory has become increasingly popular in both research and industry. Among other areas, it has been used in epidemiology, medicine genetics, healthcare, banking and engineering to solve challenges such as routing, finding relation, path etc.

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Advansys ESC

Advansys ESC is a Global Business Transformation company, headquartered in Dubai, with global offices in the United States, the United Arab Emirates, the United Kingdom, Germany and Egypt.

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