At VIP Apps Consulting, we are excited to announce the continuation of our sponsorship of the World Leasing Yearbook for its 2024 edition. As a leading service provider of management consulting, business process automation, and technology consulting services for the leasing and financial services industry we understand the value of reliable, comprehensive information in driving successful business decisions. The...
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The implementation of IFRS 17 has presented significant accounting changes, and its adoption will require close collaboration within insurance companies’ internal departments. Outlined below are a few key considerations for the implementation of IFRS 17: Insurance providers are monitoring the Standard as it evolves to ensure their data is analysed, new business processes are identified…
The previous blog provided an overview of the principles of blockchain and distributed ledger technology, their different forms, benefits and drawbacks and a summary of potential areas for adoption. In this article, I’d like to highlight some emergent applications of this disruptive technology specifically within the Financial Services and FinTech sectors. The initial application of…
As the deadline to the new lease accounting standards IFRS 16 ASC 842 looms, compliance is at the top of finance managers’ agendas. To comply with the new guidelines, organisations will have to change the way leases are recorded and processed, as the new standards increase complexity, requiring that operating leases now be reflected on…
Up until now, Leasing & Asset Finance for businesses has predominantly been about the tax and cashflow advantages it offers; and these benefits are not under question. However, Asset Finance as an industry is in a prime position to drive adoption towards the circular economy and hence there is a growing need for Leasing &…
The pace of technology change in the financial services industry accelerates and traditional lending organisations are embracing digital transformation initiatives to enable the development of customer-centric solutions and process improvements at speed and scale. Technological innovation is transforming the financial services industry, facilitating the creation of new products and services that focus on both enhancing…
VIP Apps Consulting is attending the Chief Executives’ Lending Forum 2018 Conference & Awards Gala taking place on 15th March in London. The conference brings together senior decision makers from the British lending industry including asset finance leaders as well as new challengers in the market, to debate new strategies; regulations; business practices and current trends…
Yes, that’s right, it’s that time of the year again! Another fantastic year has quickly passed by, supporting our clients in the Leasing and Financial Services industry with their business transformation and technology innovation projects. The VIP Apps Consulting team has taken a moment to look back on the past 12 months and reflect on…
The sunny Malta location didn’t quite work out for Leaseurope 2017. Despite the flight chaos and torrential rain, the slightly seasoned leaders of the leasing industry embraced new regulations and most notably new technologies! New and refreshing session: Disruption. Provocation. Demonstration. Debate Brilliantly chaired by Carmen Ene, CEO,3 Step IT inviting technology experts Mahmood Aziz, Blue Prism, Parm Sangha, IBM and Abe Smith, Dealflo, to explain Robotic Automation and Blockchain concepts, Abe then explained the…
Last week was a busy one for the VIP Apps Consulting team attending Oracle OpenWorld 2017. Over 4 days of sessions, meetings with clients and other partners, we had the opportunity to plunge into the exciting future of Oracle. Following Oracle’s 2016 commitment to the cloud, at this year’s show, emerging technologies were a huge…
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