HANGZHOU, December 2017 - On November 11th, 2017, Alibaba’s global shopping festival known as Single’s Day, or 11.11, broke yet another record with 256,000 successful payments and 472 million real-time data events processed per second at its peak. With 100% more data volume compared to the previous year, stream computing played a vital role in meeting that challenge.
Global Payments 2017: Amid rapid change, an upward trajectory
MCKINSEY, October 2017 - The global payments industry continues to deliver healthy growth, with underlying fundamentals such as transaction volumes and account balances demonstrating even greater strength. This rosy scenario also lays the groundwork for significant disruption likely to alter the dynamics between financial institutions and fintechs.
Capital Markets and Investment Banking: Time for real change and bold actions
MCKINSEY, September 2016 - Nearly a decade after the global financial crisis, the capital markets and investment banking (CMIB) industry remains under pressure amid weak profits, high costs, and lingering strategic uncertainty. The inescapable reality is that the industry’s restructuring efforts to date have failed to produce sustainable performance. A more fundamental change is required, based on the realization that for most banks, the traditional model of global capital markets and investment banking is no longer an option.