by admin | Apr 11, 2016 | Advisory, Enterprise, Fugacious
We recently attended a digital transformation round table facilitated by The Realization Group, where a wide-ranging discussion took place led by Andy Slight, of The Test People, John Marks, Director at Adaptive Consulting, Jon Davis, a FinTech leader and former CEO of FIS Europe, and Jonathan Bell, Client Services Director for DMW Group. Their main message: digital transformation involves much more than hardware and software. It’s also about people, processes and testing. Jonathan Bell, Client Services Director of the DMW Group, notes: Financial services firms are increasingly looking to undertake digital transformations, with the prospect of faster product releases, lower-touch customer environments and a wealth of valuable business analytics. But to achieve those objectives, they need to do some homework and consider a wide range of factors. Click <HERE> to read more about the discussion areas from this round-table, and <HERE> for an in-depth article on the initiative. Further Information Aiteo Consulting provides CFO advisory services to FinTech businesses. We can deliver a resourced BAU finance function for startups, successfully deploy and configure relevant cloud accounting & ERP software and support transformational change through strategic programme prioritisation, delivery tracking and project financial control. Jonathan Smith, MD of Aiteo Consulting, has acted as a Finance Director for LCH.Clearnet Group, one of the world’s largest clearing houses, and sat on the Group’s Operating and Finance Committees with lead Finance responsibility for Transformation and Change. He has also provided finance leadership for large transformation programmes in consumer financial services while working at Lloyds Banking Group and Barclays Bank. If you want to talk further about how we can help you with your digital transformation programme, click here to book a...
by admin | Apr 11, 2016 | Advisory, Enterprise, Fugacious
Late last week we attended a packed-out breakfast meeting on the regulatory timeline for margining of derivatives transactions, hosted by The Field Effect and The OTC Space. Updates were provided by CloudMargin, NetOTC, Clearstream and TriOptima. Unsurprisingly, technology has proved to be a key enabler in helping these firms to develop solutions to meet the bilateral margin regulations taking effect in September 2016. Whilst only the largest firms have to exchange Initial Margin from September, ALL firms have to carry out daily margin calculations and calls for Variation Margin from March 2017, something which should be in the minds of everyone who uses OTC products. The OTC Space has produced a special edition of Rocket Magazine which provides an excellent snapshot of the latest services. The content includes: Collateral Hurdles: Understanding Regulatory Challenges and Industry Solutions (Bill Hodgson from The OTC Space and Nick Stafford from The Field Effect) Margining and Collateral: The New Operating Model (David Field and Nick Stafford from The Field Effect) The Game Changer for Collateral Management (David White, TriOptima) Beyond Standard Two-Way Margining (David Maloy, COO NetOTC) Are You Ready For Uncleared Derivatives Margining (Banu Apers, Clearstream) The Future of Collateral Management (Karl Wyborn, CloudMargin) If you’d like to receive a full colour, 36 page printed copy, please visit their shop and purchase yours, or contact them to arrange discounts for bulk orders. This publication is the most up to date picture of what the latest Collateral platforms are offering. Further Information: Aiteo Consulting provides CFO advisory services to FinTech businesses. We have successfully set up a resourced finance function for a startup firm...
by admin | Feb 2, 2016 | Accounting, Amaranthine, Enterprise, Professional
In our Trilogy of Value series (HERE, HERE and HERE), we explain that we deliver value-based services which make the often painful process of book-keeping a real delight. Is this actually possible, or are we making it up? Enter Receipt Bank Receipt Bank is an award-winning software add-on that converts all your bills, invoices and receipts into data, making it easy for you to send your financial information straight to us. Features With Receipt Bank’s flexible submission methods you’ll never lose another document as it’s simple to submit them instantly. You can submit in a variety of ways, choosing whichever are best for your business: Receipt Bank App (iPhone & Android) Email Post Dropbox …and more… Benefits Using Receipt Bank’s easy submission methods means that: You save time on sending in your paperwork, giving you time back to build your business You save space as there’s no need to store your physical documents You get all your financial data quickly and we are able to offer business advice based on a near real time flow of information I love it. How can I get it? If you’d like to get started with a leading edge accounting service which includes Receipt Bank, take a look at our service offerings for Enterprises and Professionals, and book a free consultation using the big red button below. About Aiteo Consulting Aiteo Consulting provides accounting, finance and advisory services to start-ups and growth businesses in the technology sector. By focusing on lean accounting techniques, intelligent use of financial data and a lifetime of experience in financial roles supporting technology firms, we provide a premium service to enterprises and...
by admin | Feb 1, 2016 | Accounting, Advisory, Amaranthine, Enterprise, Finance, Professional
Careful readers of our blog will have noticed, among the various important updates on topics such as security, budgets, and happy Christmases, an emerging theme has begun to … errm … emerge. In an earlier post (HERE), we picked up the gauntlet thrown down by our professional counterparts at KPMG and explained why Aiteo Consulting must be the accounting firm you are looking for. It’s definitely worth a read, and not simply because the Guardian Small Business Network described it as a ‘masterclass in blog writing’. @AiteoConsulting A masterclass in blog writing, well done! — GuardianSmallBiz (@GdnSmallBiz) October 23, 2015 In a follow-up post (HERE), which we can now designate as the second of a slowly developing trilogy, we introduced to you the idea of getting value for money out of your accountant – a task many find slightly more difficult than getting blood out of a stone. Your accountant should play the role of your finance director and should be central to your business. But what does that mean in practice? And if you hire us, how would we do it? So we come to the final step, and here’s hoping that, unlike the slightly more famous Hitchhiker’s Guide to the Galaxy trilogy, we don’t actually end up with five instalments. So let’s talk about value. Value means different things to different people (diffr’n’t strokes for diffr’n’t folks and all that). And in order to deliver you a service that you value, we need first to work out together what you’re looking for and tailor our service accordingly. In order to do this effectively and efficiently, there is...
by admin | Jan 15, 2016 | Accounting, Advisory, Enterprise, Finance, Fugacious, Professional, Uncategorised
Confirmation of 2016 Member in Practice status from the Chartered Institute of Management Accountants....
by admin | Jan 12, 2016 | Accounting, Amaranthine, Enterprise, Professional
Facing challenges as a growing small business? Maybe you’re looking for some extra funding and need to write a business plan. Maybe you’re weighing up the options about the right legal structure for the future. Or maybe you’re just ready to delegate, freeing you up to develop your business. If this is you, maybe now’s the time. Click through to our free guide, courtesy of our accounting partners at...
