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A collection of Protiviti blogs. 

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June 19, 2024

Leveraging AI in finance – Move from theory to practice

Finance leaders are actively prioritising practical AI use cases that deliver near- and long-term value. And the reason is simple: the benefits of deploying AI to strengthen specific activities are proving to be well worth the investment.
Financial reports released by the world’s largest mobile carriers in the first quarter show significant growth in fixed wireless access (FWA) customers – the clearest signal yet that 5G, which allows homes and businesses to connect to the internet through radio frequencies instead of cables, is gaining serious momentum.
The most important use of any risk assessment tool is that it must contribute to better decision making on how to manage individual risks. Whether that is treating and reducing risk, or accepting that risk exists, risk management activities must ultimately help management make better decisions. Executives and risk management leaders, though, are increasingly faced with risk decisions they have imperfect information…
Nina Jane Patel, Bloomberg's technology columnist, recently entered the metaverse environment Horizon Venues, a newly launched virtual-reality social platform, to have a look for herself. She found the virtual, extended, augmented and mixed reality, along with other Web 3.0 tools, engaging but also a little too real. She unfortunately experienced some “creepy” encounters that included groping, being surrounded by…
For security teams looking to implement and design smart contracts, there are many intricacies and nuances that can be overwhelming. Using established standards for the secure development of smart contracts/decentralised applications (dApps) is instrumental to effectively launch smart contracts. In an earlier blog, I introduced the basics of smart contracts; today, I’m diving into existing standards and how to…
The ISSB has released the first sustainability disclosure standards. They’re voluntary, but wide adoption is expected among IFRS reporters around the globe.The standards focus on climate disclosures, targets and metrics, initially through ISSB S2.IFRS reporters will benefit from complying with any applicable European Sustainability Reporting Standards first because of their more comprehensive scope.
This blog post was authored by Sarah Guthrie - Senior Consultant, Enterprise Application Solutions on Protiviti's technology insights blog. In today’s fast-paced business landscape, organisations rely heavily on robust enterprise resource planning (ERP) systems like Microsoft Dynamics 365 Finance and Supply Chain Management to streamline operations and drive growth. However, granting unrestricted access to…
What’s behind the best data and analytics strategies? Simply stated, it’s the capabilities that allow companies to generate forward-looking insights to proactively drive critical business decisions and propel the business forward to meet strategic goals. Many organisations rely on data scientists who apply their algorithmic magic behind the scenes and ascertain insights from large volumes of unstructured…
This blog post was authored by Rob Woltering - Associate Director, Security and Privacy on the technology insights blog. As cybersecurity incidents continue to make headlines, whether involving the breach of sensitive information or the halting of an enterprise’s operations, cybersecurity risks remain top of mind for many organisations. To this end, organisations are continuously seeking to validate their…
Apple’s announcement of its Vision Pro virtual reality headset earlier this month elicited some strong opinions across the board. Could it really replace the iPhone and mainstream the metaverse, as some have claimed? Or is it just another overpriced wearable for the wealthy?
In recent years, there’s been considerable talk of blockchain and its use cases in the business world. While some of these topics have specific use cases – metaverse, decentralised finance, etc – there is one topic that underpins everything in the blockchain and decentralised space: smart contracts. Smart contracts are behind-the-scenes applications that route data, track changes and settle transactions in a…
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