As a consultancy and software provider, the ifb group specialises in financial and risk management. Core areas include corporate management, controlling, risk management, compliance, accounting as well as process-related aspects of financial products. The ifb group supports its clients every step of the way, from initial strategy and specific management conception, right through to transformation into processes and IT systems and their ultimate implementation.
Employing around 450 experts, ifb provides support to over 1,600 companies across the globe. Overall, the ifb group embraces companies in twelve countries: Germany, USA, China, Austria, Czech Republic, France, Hungary, Luxembourg, Slovakia, Switzerland, Uruguay and Poland.
The ifb group network also includes the legally independent auditing companies ifb Lux-Audit S.àr.l. (Luxembourg) and ifb Treuhand AG Wirtschaftsprüfungsgesellschaft (Germany).
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The European Banking Authority released the final draft of the Regulatory Technical Specifications for PSD2 this week. It contains several improvements and clarifications, but there are still a few areas that fall short of industry expectations. After the release of the initial drafts, EBA [...]
The emergence and prominence of bitcoin and its underlying technology Blockchain with open source, real-time payments capabilities and without centralized regulatory authority has sparked the Financial Services industry into exploring how Blockchain technology might be applied to mainstream banking and insurance sectors. Blockchain technology goes further than just a distributed ledger. Another initiative gaining acceptance is Smart Contracts that use computer protocols to facilitate, verify, or enforce the negotiation or performance of a contract or that obviate the need for a contractual [...]