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Analytics drives competitive advantage at Western Digital

You have heard the hype: Data is the “new oil” that will power next-generation business models and unlock untold efficiencies. For some companies, this vision is realized only in PowerPoint slides. At Western Digital, it is becoming a reality. Led by Steve Philpott, Chief Information Officer and head of the Digital Analytics Office (DAO), Western Digital is future- proofing its data and analytics capabilities through a flexible platform that collects and processes data in a way that enables a di

Digital M&A: How to successfully execute a digital merger

[Paul Leuck and Elizabeth Tse were co-authors of this article.] Technology has accelerated companies’ ability to accumulate market share through scalable, platform-based ecosystems of integrated digital products and services. This digital arms race has pressured companies across industries to acquire or merge with competitors in pursuit of economies of scale (more of the same) or economies of scope (symbiotic and adjacent offerings). Whether it is the AT&T-Time Warner deal or TD Ameritrade’s a

The Duke and Duchess of Sussex Leave Royal Lifestyle Behind

There is no need for an introduction; all you need to know is that I’m shook. Megan Markle and Prince Harry have come to the decision of stepping away from their senior royal lifestyle in order to achieve financial independence. The Duke and Duchess of Sussex shared the news on social media, Wednesday afternoon. They stated that the choice will allow them to raise their child, Archie, in the way they think is best. As well as intending to split their time between the United Kingdom and North Am

Compounded rate out of favour, finds Japan survey

A majority of market participants in Japan want to use forward-looking term rates instead of compounded risk-free rates as a reference for new loans and floating rate notes, in a possible departure from standards emerging in other countries’ cash markets, a recent survey shows. The preference for forward-looking rates, two dealers say, is due to a lack of familiarity with Japan’s designated risk-free rate, Tonar, coupled with an ignorance of the challenges in developing a robust forward-looking

Korea autocallables under threat from draft rules

South Korea’s structured products market faces disruption over a mooted rule change that could slash volumes of equity autocallables by a predicted 30–40%. Dealers say local regulators are planning to ban the sale of autocallables in trust format and force issuers to repackage the instruments as funds, following a mis-selling scandal that caused heavy losses for retail investors in rates-linked products. Such a move would hit revenues for Korea’s securities houses and private banks, which are

Mining Round-Up: Brookstone to Build 900 MW Wind Farm in Morocco, Québec Increases Rates for Miners

In recent mining news, Brookstone Partners has announced its intention to build a 900-megawatt wind farm in Dakhla, Morocco, Hydro-Québec has been given permission to charge cryptocurrency miners increased rates, and DMG has begun installing its 85-megawatt substation in Canada. Brookstone Partners, a New York-based private equity firm, has announced plans to construct 900 megawatt (MW) wind farm near Dakhla – a disputed territory presently administered by Morocco. Brookstone founded ‘Soluna’

How Sharing IT Successes Can Contribute to Better Digital Transformation Alignment

Finding ways to impact employee habits, team dynamics, and company culture is nothing new for seasoned IT professionals. Many people outside the IT profession are surprised to learn that we’ve long been tasked with changing company culture to facilitate software conversions and other internal projects. However, the shifts associated with digital transformation initiatives present a particularly tough challenge considering how deeply embedded these processes are into employees’ everyday workflow