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Aviva, the UK’s leading insurer, today announces an investment of $10 million into the Anthemis Female Innovators Lab Fund. The fund was founded in September 2019 and backs female entrepreneurs in the fintech industry across the UK, Europe, Canada and the US. Aviva’s investment will specifically support UK based fintech firms which are founded by women. Currently only 4% of UK fintechs are led by women.
Aviva will be a strategic partner to the Fund, which is the largest female focused fintech fund and is anchored and co-founded by Barclays. The Fund deploys capital directly into innovative female led companies within the finance industry and provides female entrepreneurs with access to financial and intellectual resources through the Fund’s extensive network of advisors and experts.
Read more on Aviva here.
Automation adoption is no longer an experiment for enterprises, as a recent study by SS&C Blue Prism found that 69% of business leaders are planning to implement intelligent automation programs. However, large-scale projects require a long timeline and significant upfront investment, making boards and the C-suite balk at signing off on them. With this hesitation in mind, leaders must take a careful approach to planning and designing an AI initiative that will be a clear success.
Read more on Forbes here.
The Supply Chain Services market report analyzes data gathered from primary and secondary resources to decipher the important factors contributing to or hindering the industry expansion in the coming years. It compares the past and present business scenario to forecasts stats such as growth rate, industry share, and other critical parameters.
According to the report, the market value is projected to multiply at XX% CAGR over 2022-2028, subsequently amassing USD XX valuation during the analysis period.
The objective of the document is to guide businesses build strong contingency plans by offering a detailed assessment of this domain. This is achieved by dividing the marketplace into several segments and providing insights on their overall performance and potential, followed by a complete analysis of the prevailing and upcoming competitive trends.
Read more on market prime here.
AMA introduce new research on Global Robotic Process Automation in BFSI covering micro level of analysis by competitors and key business segments (2022-2027). The Global Robotic Process Automation in BFSI explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing.
Read the full article here.
In the second of our ESG series looking at employment law and ESG, we explore the role of pay gap reporting as a way of demonstrating a company’s social credentials.
One of the central challenges for companies looking to improve their performance under the S is deciding what components to include and how to measure and publicise progress. As an employment team dealing with ESG related issues, the main recurring question coming through from clients is: what practical ideas do you have to implement initiatives under the S?
Read more on CMS Law-Now here.
Businesses are likely to spend billions of dollars on the metaverse, which is why experts say that building trust and safety practices into the metaverse experience from the beginning is critical.
The metaverse -- a virtual world allowing consumers to shop, work, play, own land and conduct business -- is already prompting use cases for trust and safety policies, as situations like verbal abuse between avatars arise, said Manu Aggarwal, partner at global research firm Everest Group, during an online webinar. Trust and safety policies are business practices used to reduce risk to users of online platforms.
Read more on TechTarget here.
The IR35 reform will be repealed from April 6, 2023, according to this morning’s mini-Budget.
Speaking to the House of Commons today (September 23), Chancellor Kwasi Kwarteng said from April, workers across the UK providing their services via an intermediary, such as a personal service company, will once again be responsible for determining their employment status and paying the appropriate amount of tax and NICs.
Kwarteng also used today's mini-Budget to scrap the additional rate of income tax and cut its basic rate to 19 per cent in a series of tax cuts which amount to £45bn.
Read more on the Financial Times here.
CGI ( NYSE: GIB) (TSX: GIB.A) has been named by Forbes magazine as one of the World's Best Management Consulting Firms for 2022. The annual ranking helps business leaders evaluate management consulting companies as they seek expert guidance in navigating today's fast-changing business environment. CGI's inclusion among this year's top management consulting firms is based on its success in delivering insights-driven business and IT strategic consulting to clients worldwide. Through its range of business and technology consulting services, CGI helps clients set their future course, adapt quickly to change, and create competitive advantage as digital leaders.
Read the full article on PR Newswire here.
The FCA and BEIS expect climate disclosures to be aligned with TCFD recommendations this financial year. Are you ready?
The Financial Conduct Authority (FCA) updated its guidance for compliance with TCFD (Task Force on Climate-Related Disclosures) recommendations for FY22. But what do those changes mean for your business? And do you know what you need to do to be compliant by year-end?
The first question on your mind is likely to be: do the FCA requirements impact my business? The answer is ‘yes’ for all premium and standard listed companies in the UK.
Read the full article at KPMG here.
Ofcom is set to probe Google, Amazon and Microsoft’s dominance in the UK cloud services industry.
Due to launch in the coming weeks, the probe will assess the position of the three “hyperscalers” in the £15bn public cloud infrastructure services market and identify any potential barriers to competition and growth.
Read the full article on Digit News here.