1. ๐๐จ๐ซ๐ซ๐๐ฌ๐ฉ๐จ๐ง๐๐๐ง๐ญ ๐๐๐ง๐ค๐ข๐ง๐ ๐ฆ๐จ๐๐๐ฅ
The correspondent bank holds deposits owned by other banks from other countries. This allows banks to access financial services in different jurisdictions.
Under some international card schemes (VISA, Mastercard), participating banks typically rely on correspondent banking for settlement. [1]
Understanding Decentralized Finance demystifies DeFi, locating the integration points between decentralised and centralized finance to help finance professionals unlock valuable opportunities.
DeFi โ the next evolution of cryptocurrency โ has brought a new wave of investors into the world of finance. As fintechs and financial institutions seek to integrate with DeFi, this book explores its history, its present context, and its future. It explains the world of DeFi by comparing it to the traditional finance sector, highlighting points of similarity, difference and integration.
The diagram shows a front-to-back functional view. ๐น Front office (Pre-Trade & Trade) These core business functions include client services, research, trading, brokerage, and sales. A bankโs front office generates revenue. ๐น Middle office Middle office functions support front office functions, including trading risk management, control services, recordkeeping, limits management, and analytical services. ๐น Back [โฆ]
From chatbots and robo-advisors to predictive analytics and algorithmic trading, artificial intelligence (AI) is transforming the finance and FinTech sectors like never before. In recent years, weโve seen a rapid adoption of AI-powered solutions in various areas of finance, from risk management and portfolio optimization to payment processing and fraud detection. But what does this [โฆ]
Are you looking to take your crypto trading to the next level? Then youโve come to the right place! In this post, weโll be covering 10 essential crypto trading tools that every successful trader should have in their arsenal. Weโll dive into topics such as how to choose the right trading tools for your needs, [โฆ]
If youโre interested in learning more about personal finance, youโre in luck! In todayโs world, there are numerous resources available to help you become financially savvy, even if youโre starting from scratch. One such resource is free finance courses that are available online. These courses offer a fantastic opportunity to learn about everything from budgeting [โฆ]
The cryptocurrency and DeFi space is a confusing and chaotic mess. There is so much noise hyping the next great token, so much speculation about what price action is doing tomorrow and so much energy being spent on short sighted and trivial questions. That atmosphere is doing all of us a great disservice. It terribly distracts us from attempting to really understand the long term realities that are made possible by the underlying technologies. We are truly on the brink of a technological revolution which will transform many aspects of our lives.
No, you havenโt missed the boat on crypto. In fact, compared to many other technological revolutions, the crypto revolution has really only just begunโand this book will show you how to get into crypto the right way. Consider this observation about the computer revolution in the 1980s: โToday only 15% of American homes have a [โฆ]
Some Excel tips and Tricks to save you 100 hours of manual work. Microsoft Excel is one of the most popular applications for data analysis and I have been using it non-stop for 20+ years! With built-in pivot tables, they are without a doubt the most sought-after analytic tool available. It is an all-in-one data [โฆ]
The diagram below shows how ๐๐๐ฆ๐๐ง๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ make the prices go up or down, using Metaโs stock as an example. All the buy/sell orders are placed into a ๐๐๐๐ (Centralized Limited Order Book). Green ones are buy orders, and red ones are sell orders. At each price level, there are several orders queued up [โฆ]
