Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development. Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.
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US President Trump recently tweeted in favor of allowing companies to report earnings semiannually instead of quarterly. Quarterly financial reporting is often criticized for encouraging short-termism among investors and corporate executives but empirical research conducted in the UK found no evidence substantiating such criticism. Regulators considering revising or discontinuing quarterly financial reporting should proceed cautiously without falling under the sway of specious
VR, AR, MR and other variants of XR have long been high-profile technologies. While they are being used mainly in certain sectors, including travel, real estate and manufacturing, some interesting XR initiatives are afoot even in financial sector without visible products.