Impact of Digital Technologies on Business Activities

Running head: BUSINESS AND DIGITAL TECHNOLOGIES
Introduction to guest speaker 1
Damien Cahill has successfully completed 16 years in the IT industry and currently he
is working in a famous start up business organisation which has been awarded recently
named GECKO governance. He is currently positioned in that organisation as an senior
technical business analyst and judgement critical thinking perspective wisdom and open
mindedness along with fairness and leadership are the key skills that Damian has in order to
become successful in the IT industry as a business leader and analyst. The skills that Damian
possesses include proficiency in Microsoft Office 365 and Adobe Fireworks and along with
that he has efficiency in performing Dreamweaver in design and premiere Pro along with
Google Cloud and WordPress. Damien actually joined gck or governance on work placement
as a part of his final semester in his degree course and now he is working as an integral part
of the court team of the company. The business organisation is a high-profile start-up
company that has immense potential to grow in the Software Development Industry (Dilley et
al. 2016). It is seen that GECKO governance is the first solution in the market that provides
fund managers with a life oversight of all the funds Regulation and compliance requirements
that funds are on schedule and which are behind that compliance tasks are outstanding and
which have been completed already (Mencias et al. 2018). It is seen that the business
organisation enables the fund managers to schedule there end to end compliance and the
regulatory tasks and then they provide verifiable independent audit trail of compliance in
order to satisfy the global financial regulators requirements
Summary of Guest Speakers lecture/ workshop/presentation
It can be said that blockchain Technology emphasizes on crypto currencies and it can
be said that blockchain has come a very long way since the Inception of white paper by
Satoshi Nakamoto. In this regard it can be said that credit card companies and banks does

BUSINESS AND DIGITAL TECHNOLOGIES2
have a narrow gaze towards this attempt to solve the currency issue that they think actually
needs something to work on (Hernandez 2017). Somehow after the continuous and approval
of bank and credit card companies blockchain exists and it can be applied to a wide variety of
solutions. In his workshop demonstrated that compliance areas and fund regulations needs a
solution that is adaptable scalable transparent and Secure thus with blockchain these
requirements can easily be satisfied. It is seen that there are five key Areas where blockchain
solution can be utilised and those fund governance operational due diligence new fund
launches compliance management and investor on boarding AML or KYC process (Dorri et
al. 2017).
Overview of Topics/ Facts/ Issues of Interest
It can be said that by the KYC process the areas around the redemption process and
subscription for mutual and hedge funds Like customer identification program customer due
diligence account opening or enhanced due diligence can be managed in an immutable secure
blockchain for operational due diligence specifically for hedge funds the blockchains can
manage the end to end due diligence process that involves updating and completing the key
questionnaires, investment reviews, periodically operational and a swathe of operational risks
that includes Information Technology assessments and regulatory compliance and
administrative and service provider review (Savu et al. 2017). It can be said that fund
governance is the key to the company’s blockchain solution that monitors the supervision of
Mann delegates and the behaviours of those as well as it provides the regulator and Audit trail
of all CP 86 duties and oversight which have been completed already. On the other hand
compliance management area will actually be beneficial to the fund compliance process and
specifically around precede your documentation policies, Internal auditing security controls,
third party audits and the technological enforcement needed for the management of

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investment fund compliance (Beck et al. 2016). The business organisation gives the first
blockchain solution for the new phone launches and Acetone boarding the management of
with the organisation manager is the complex way of launching new funds utilising their
blockchain functionality. Apart from using their blockchain functionality the management
includes into and coordination along with project management of the new client onboarding
and asset transitions along with fund launches across the multiple internal and external
entities that includes auditors regulator’s lawyers and service providers.
Investigate and Research one topic, theory, system or piece of technology stated by the
Guest Speaker
It is worthwhile to mention that with blockchain individuals can imagine a world
where contracts Adam between Digital code and a stored in a shared database that is
transparent which are also protected from tampering deletion and revision. It is seen that
every process is every agreement with ask Sunny when every payments would have a Digital
record and signature that should be identified stored valuated and shared (Milani et al. 2016).
It is a fact that Virtually everyone has heard that the claims that blockchain will revolutionize
the business and will redefine the economics and business organisations operations 2 the
enthusiasm was shared but there are some words regarding this issue and that is not just
security issues but the collapse of Bitcoin exchange and the recent hacks of other
organisations and Institutions make people generally worrisome about the operations of
blockchain revolution or solution(Beck et al. 2016). Does it can be said that individual
should take time observe the outcomes of using blockchain solution and then decisions
should be taken widely regarding the utilisation of this solution.