Alvantia has been a member of the Spanish Network of the United Nations Global Compact for more than seven years. Its corporate culture promotes attitudes and commitments that help to build a fairer,more sustainable and balanced world.
On January 26th and 27th, the “Supply Chain Finance Summit” was held once again, BCR’s annual event where the latest trends in the sector are shown and where the leaders of the trade finance industry share their ideas.
There is a key aspect managing the financing of trade credit, in general, and reverse factoring, in particular, which is not always well designed and used, from a trade, operational and risk point of view, in contrast to other financing arrangements: big data.
A phrase that is often heard today is that “technology is
changing the way business is done”. Technological development has in fact
forced many companies to change the design of their business, which in turn
affects their processes and their way of working.
It’s a fact that there are new technological trends that are
currently revolutionising the financial markets. The term Blockchain has
become an everyday word in practically everyone’s vocabulary, as it refers to
the technology being used by the banking sector to reinvent itself.
A traditional, basic approach in the problems of machine learning is to use a single determined algorithm or model in the implementation of a valid solution. This traditional method is based on creating a pipeline of all the processes that are covered by the development of this algorithm.
September 1st, Fintech Finalbion moves
to the avant-garde on innovation after implementing the Alvantia commercial financing platform
into its own systems, backing up its disruptive business model with the most
innovative technological solution on the market. Finalbion, who specializes in
the financing of working capital, now operates under Alvantia
has been implemented with huge success by Alvantia’s team and will be used by
Finalbion from now on to manage their receivables and payables services, among
know, women currently have very little presence in technology companies.
However, recent studies show that companies
would yield a much greater profit if they were to achieve equality: for
example, if the UK were to increase the number of women to 30%, its economy
would grow by 11 billion.
Imagine that one day the clients of
a small firm in the financial sector, whose products operate and are contracted
online, cannot access their accounts, make transfers or even access the
website. And they encounter the theft of their money, fraudulent use of their
cards, movements of money to unknown recipients or misuse of their personal
data. Without a doubt, the company would run the risk of incurring very high
costs in order to deal with the claims, investigate what happened, repair the
damage caused, restore operations, compensate for damages to third parties,
regain the trust of its customers, etc.