6DECEMBER 2023Editor's NoteData Analysis in Finance: Blockchain ImpactTransitioning from its initial position on the periphery of the financial world, blockchain technology has steadily progressed to become a pivotal element in the fabric of the US financial landscape. Its growing maturity is expected to trigger the widespread adoption of blockchain services, including smart contracts and decentralized applications (dApps). Experts predict that businesses that leverage these innovations can save over a quarter billion dollars of expenses related to international transactions by 2030. Blockchain-as-a-service (BaaS) is another critical trend expected to impact the industry in 2024, enabling businesses to harness the technology's advantages without building the necessary underlying infrastructure. The service streamlines operations and unlocks new revenue possibilities, becoming an attractive choice for diverse financial transactions and record-keeping.Beyond economic advantages, recently revised regulatory frameworks for blockchain and cryptocurrencies, like the Responsible Financial Innovation Act (RFIA), encourage widespread adoption. The possibility of leveraging and analyzing user data and financial transactions to offer personalized advice and tailored payment solutions is also a significant determinative. In the latest edition of Financial Services Review, we feature financial transaction advisory services providers for 2023. These pioneers offer businesses expert guidance, strategic planning, and risk management, positively impacting clients by facilitating well-informed decisions, optimizing deal outcomes, and ensuring regulatory compliance. The magazine showcases LCS Forensic Accounting & Advisory, a certified public accounting company specializing in forensic accounting and financial due diligence and Walker & Dunlop, a real-estate finance and advisory services firm.This edition also covers the unique industry insights of Pedro Mira Vaz, Chief Data & Analytics Officer at NOVO BANCO. In addition, the valuable opinions of Cristian Mazzoleni, Group CFO at KIKO MILANO, and Paul Park, Vice President, Private Equity & Transaction Advisory Group, Newfront, are highlighted in the magazine. We believe the insights these accomplished professionals share will empower you to make informed decisions for your business.Let us know your thoughts.Copyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorJeff RodriguezEditorial StaffAaron Pierce Ava Garcia Ancel CastelinoAshik JainJoshua ParkerGilbert HooverVisualizerRobert Gray Smith*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmail:sales@financialservicesreview.comeditor@financialservicesreview.commarketing@financialservicesreview.com December - 20 - 2023, Vol 04-56 (ISSN 2835-9771) Published by ValleyMedia, Inc. To subscribe to Financial Services ReviewVisit www.financialservicesreview.com Jeff RodriguezManaging Editoreditor@financialservicesreview.com
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