In-demand shared services skills for finance

Several locations have a strong supply of the most sought-after shared services skills. Accounting experience is the most commonly sought-after competency for finance shared services, according to Gartner, Inc. A Gartner TalentNeuron™ analysis of job postings in the finance and accounting function between July 2020 and July 2021 revealed the…

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PRC’s data security law comes into affect in Hong Kong

Secretary for Innovation and Technology, Alfred Sit discusses the the Data Security Law of the PRC. The Hong Kong Government has formulated a set of comprehensive government information security incident response mechanism and related measures. Established by the Security Bureau, the Security Regulations include dedicated chapters governing information security for…

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Emerging technologies spurring innovation through trust, growth and change

NFT, Quantum ML, generative AI, homomorphic encryption and composable applications and networks. Engineering trust, accelerating growth, and sculpting change are the three overarching trends on the Gartner, Inc. Hype Cycle for Emerging Technologies, 2021 that will drive organizations to explore emerging technologies such as nonfungible tokens (NFT), sovereign cloud, data fabric, generative…

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Fintech and digitalisation as growth drivers of China’s securities industry

KPMG report highlights institutions embrace digital transformation in the face of increased competition. Capital market reforms are presenting opportunities for Mainland China’s securities industry, with companies that embrace fintech and digitalisation best positioned for long-term growth, according to KPMG analysis. The 15th annual Mainland China Securities Survey analyses the industry…

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Sun Life transforms its digital services 

Strengthens its digital leadership team in Asia. Sun Life became the first company in Canada to launch an immersive cloud skills training program, which is now available to Sun Life employees. Dubbed “Catalysts for Cloud” and using the AWS Skills Guild, a comprehensive skills enablement program to build cloud fluency,…

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Malaysia growth in digital technology generates huge demand for talent

Opportunity to be a regional digital hub leading the Fourth Industrial Revolution. Despite job market uncertainty due to the COVID-19 pandemic, Hays, a in specialist recruitment, reported that businesses in Malaysia expect business activity to increase by 54 per cent this year in their 2021 Hays Asia Salary Guide. Forming…

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MDEC’S enhances digital skills training directory

Signs up with LinkedIn to further push digital talent. There is urgent need for companies to reskill their workers in the wake of the COVID-19 pandemic and the resulting shift in socio-economic norms. According to a 2021 McKinsey Global Survey, most respondents say that skill building – more than hiring, contracting…

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Tech trends in India

PC sales continue to remain robust, while smartphones sales remain stable. The India traditional PC market (inclusive of desktops, notebooks, and workstations) continued to be robust as the shipments grew by 50.5 per cent year-over-year (YoY) in 2Q21 (Apr-Jun), according to new data from the International Data Corporation (IDC) Worldwide Quarterly…

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Companies to spend almost US$342B on AI solutions in 2021

From 2023 onwards, AI services is forecast to become the fastest growing category. Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services, is estimated to grow 15.2 per cent year over year in 2021 to US$341.8 billion, according to the latest release of the International Data…

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