Blockchain has become a buzzword in technology and finance circles, but what exactly is it? If you’ve been hearing about blockchain everywhere and are curious to understand what it entails, you’re in the right place. This guide is designed for beginners and aims to explain blockchain in a straightforward, conversational, and engaging manner. What is Blockchain? Defining Blockchain At its […]
The arena of coding has seen some tremendous changes over the past few years. A notable development in this field has been the advent of AI-assisted Integrated Development Environments (IDEs). These innovative tools differ significantly from traditional IDEs as they incorporate elements of artificial intelligence to enhance code quality, boost productivity, and simplify the entire development process. Let’s dive deeper […]
A Payment Credit Alert (PCA) is a notification that is sent to a counterparty when their credit exposure to another party exceeds a certain threshold. The threshold is typically set by the counterparty’s risk management team, and it is based on a number of factors, including the counterparty’s financial health, the size of the transaction, and the terms of the […]
Counterparty credit risk is the core concern that one party in a financial contract will default. Let’s explore some common terminology used in counterparty credit risk technology and management. Key Terms Explained Counterparty Credit Risk – The risk that a counterparty defaults on obligations in a financial transaction before settlement. This results in potential losses. Margin – A deposit one […]
In the intricate ecosystem of financial markets, the Over-the-Counter (OTC) derivatives market holds a position of significance. Unlike the traditional stock exchanges where trades occur in a centralized, open forum, the OTC derivatives market operates more discreetly, often puzzling those unfamiliar with its nuances. In this blog, we will unwrap the layers of the OTC derivatives market, shedding light on […]
Derivatives are common but often misunderstood tools used in finance. This post explains what derivatives are, how they are valued, and how traders buy and sell them. What are Derivatives? A derivative is a financial instrument whose value depends on (or ‘derives’ from) the value of an underlying asset or set of assets. These underlying assets can be stocks, bonds, […]
Counterparty credit risk (CCR) is a major concern in finance. CCR is the risk that a counterparty in a financial contract won’t meet obligations. Technology is transforming how institutions manage this risk. This post looks at key innovations improving CCR management. What is Counterparty Credit Risk? Before delving into the technology behind it, it’s crucial to understand what CCR is. […]
Hey there, gaming enthusiasts! 👋🕹️ As technology continues to evolve, so does the world of gaming. With virtual reality (VR) and augmented reality (AR) making waves, the future of gaming promises to be more immersive and engaging than ever before. Let’s take a closer look at these exciting innovations and what they mean for the gaming landscape moving forward. Virtual […]
Artificial intelligence (AI) has been making remarkable strides across various industries, and healthcare is no exception. From enhanced diagnostics to personalized treatment plans, AI is revolutionizing how we approach medicine and patient care. Let’s take a closer look at some of the ways AI is transforming healthcare and what it means for the future of medical practice. Improved Diagnostics AI-driven […]
Quantum computing has been making waves in the world of technology, promising to reshape the way we approach complex problems and revolutionize various industries. But what exactly is quantum computing, and what implications does it have for our future? Let’s dive in and explore this exciting new frontier in computing! What is Quantum Computing? In a nutshell, quantum computing leverages […]
The first time I used Google Earth and Google Maps, I was captivated by the technology and its usefulness. I recall being deployed to Australia in 2006 as a Junior Software Engineer when, to my knowledge, Google Maps and Google Earth weren’t available yet, or at least I didn’t have a phone that could take advantage of them. Consequently, I […]
After nearly two years in the telecommunications industry, I relocated to the Republic of Ireland to continue my software engineering career. My first job here was in the health sector, working for a small start-up company that aimed to innovate how hospitals and health clinics send and receive laboratory results. Our smart solutions eliminated inefficiencies in transmitting lab results by […]
My first software engineering project took place at a major telecom company in Australia. I was sent to Sydney to work with a client who was rolling out 3G services for the first time. This experience gave me my first taste of innovation in the telecom industry. I witnessed how it significantly reduced the cost of mobile internet access and […]
Despite the numerous innovative solutions and advancements in various aspects of human development, it’s puzzling to observe that people worldwide, including those in highly developed countries, seem to be experiencing increasing poverty. The growing inequality, dwindling job opportunities, and mounting problems faced today compared to the past give rise to concerns about the future. One might wonder what factors contribute […]
You’ve probably heard about things like Bitcoin and crypto by now from news headlines or friends talking. There’s a lot of hype about digital money and how it could revolutionize finance and the world economy. But what is cryptocurrency exactly and does it make sense to use? Here’s my beginner’s guide to understand the pros and cons of crypto adoption. […]