Industry news

Jack Howell, CEO, Zurich Global Ventures speaks with Bloomberg’s Lauren Kiel at Bloomberg’s Technology Summit. (Source: Bloomberg)

Watch the full video here.

Intetics Inc. investigates the case of the Ukrainian IT industry and portrays factors that allowed the sector to recover after its challenges and flourish.

/ -- It is safe to say that many nations were caught off-guard by the events unraveling at the end of February 2022. Many expected Ukraine to decline massively, especially in economic terms. However, to everyone’s surprise, some Ukrainian industries, specifically the IT sector, illustrate remarkable resilience and hope for the best six months into the turmoil.

Read more here.

Knowledge Process Outsourcing (KPO) is a method of outsourcing key data-related information that involves the management, gathering, analysis, and delivery of business-relevant insights. When there is a shortage of trained workers or when specific knowledge and skills are needed, businesses turn to KPOs.

New York, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Knowledge Process Outsourcing Market Size, Share & Industry Trends Analysis Report By Service Type, By Application, By Regional Outlook and Forecast, 2022 – 2028" - https://www.reportlinker.com/p06322140/?utm_source=GNW
KPO can assist businesses in lowering operational expenses and the demand for specialized workers. Organizations can concentrate on their core duties and increase productivity and outcomes by outsourcing certain of their procedures.

Read more here.

São Paulo, September 2022 – The digital transformation, started in 2012 and accelerated five years ago with a series of acquisitions in different business verticals, boosted the growth of the Stefanini Group, which, in celebrating its 35 years of existence, reiterates its ability to to continually reinvent itself to meet the needs of its customers around the world. Currently, the global company of Brazilian origin is present in 41 countries and has more than 30 thousand employees, who adopt the co-creation model as a differential to do the unimaginable possible for more than 1,000 active customers.

Read the full article here.

LONDON (Reuters) - Aviva (LON:AV) Investors has agreed a deal to outsource data and back office functions to BNY Mellon, the two companies said on Tuesday, as the investment division of the British insurer looks to bolster its services to clients and cut costs.

Asset managers have increasingly been handing over responsibility for back office functions such as custody of securities to third parties, while outsourcing has in some cases extended as far as front office functions such as trading.

Read more on Investing.com here.

Aviva, the UK’s leading insurer, today announces an investment of $10 million into the Anthemis Female Innovators Lab Fund. The fund was founded in September 2019 and backs female entrepreneurs in the fintech industry across the UK, Europe, Canada and the US. Aviva’s investment will specifically support UK based fintech firms which are founded by women. Currently only 4% of UK fintechs are led by women.

Aviva will be a strategic partner to the Fund, which is the largest female focused fintech fund and is anchored and co-founded by Barclays. The Fund deploys capital directly into innovative female led companies within the finance industry and provides female entrepreneurs with access to financial and intellectual resources through the Fund’s extensive network of advisors and experts.

Read more on Aviva here.

Automation adoption is no longer an experiment for enterprises, as a recent study by SS&C Blue Prism found that 69% of business leaders are planning to implement intelligent automation programs. However, large-scale projects require a long timeline and significant upfront investment, making boards and the C-suite balk at signing off on them. With this hesitation in mind, leaders must take a careful approach to planning and designing an AI initiative that will be a clear success.

Read more on Forbes here.

The Supply Chain Services market report analyzes data gathered from primary and secondary resources to decipher the important factors contributing to or hindering the industry expansion in the coming years. It compares the past and present business scenario to forecasts stats such as growth rate, industry share, and other critical parameters.

According to the report, the market value is projected to multiply at XX% CAGR over 2022-2028, subsequently amassing USD XX valuation during the analysis period.

The objective of the document is to guide businesses build strong contingency plans by offering a detailed assessment of this domain. This is achieved by dividing the marketplace into several segments and providing insights on their overall performance and potential, followed by a complete analysis of the prevailing and upcoming competitive trends.

Read more on market prime here.

AMA introduce new research on Global Robotic Process Automation in BFSI covering micro level of analysis by competitors and key business segments (2022-2027). The Global Robotic Process Automation in BFSI explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing.

Read the full article here.

In the second of our ESG series looking at employment law and ESG, we explore the role of pay gap reporting as a way of demonstrating a company’s social credentials.

One of the central challenges for companies looking to improve their performance under the S is deciding what components to include and how to measure and publicise progress.  As an employment team dealing with ESG related issues, the main recurring question coming through from clients is: what practical ideas do you have to implement initiatives under the S?

Read more on CMS Law-Now here.