BlockApps’ STRATO platform is the blockchain solution that enables a global ecosystem of businesses, partners and competitors to transact and collaborate seamlessly across life science industry verticals.
The value chain of bank’s record management system from origination to destruction, is mired in inefficiency and antiquation, while increasing regulation is placing growing pressure on financial service providers.
There is no “one-size fits all” approach for ETRMs and different systems suffer from an increasing lack of interoperability with both external partners and other internal systems.
As a result, energy traders and middle-office members find themselves in similar situation as before using an ETRM; manually matching data sets for settlement and reconciliation from an evolving list of inconsistent sources.
Learn how STRATO can bridge the gap of disparate ETRM systems to improve trade efficiency.
KYC processes are labor-intensive, often manual, and prone to error and fraud, both of which cost banks colossal sums. Additionally, the lack of standardisation across systems creates a huge amount of duplication.
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