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KPMG Asia Pacific announces record results and a new regional strategy to enhance trust and drive growth, with plans for significant investment in talent and technology

Vlad Poptamas

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Photo source: fnlondon.com
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KPMG Asia Pacific is pleased to announce record results for FY18 and plans for significant regional investment in talent and technology, as well as enhanced collaboration in the region.

Honson To, Chairman of KPMG’s Asia Pacific region and Co-Chairman of KPMG China, said: “We have just announced record results in FY18 for KPMG Globally and in particular for Asia Pacific, achieving the fastest growth rates, delivering USD4.9bn revenues and reflecting the strength and importance of our multi-disciplinary Firm. We have also seen a 4th year of double digit advisory growth in Asia Pacific. To build on this momentum, we are today announcing our new regional strategy predicated on trust and growth with our ambition to double in size over the next five years. We have committed to collectively invest over USD1bn in a multi-year investment program to further develop holistic and tailored solutions for our clients and also co-create with our clients and strategic alliance partners through our new innovation hubs, ignition centres and other centres of excellence across the region.”

As the fastest growing region, KPMG Asia Pacific is also looking to expand its footprint across all 20 countries and jurisdictions where it operates. This includes plans to create over 25,000 diversely skilled professional roles over the next four years, in line with the Firm’s workforce of the future strategy, focused on broadening capability to include STEM skills and developing the next generation of cyber, cloud and regulatory change experts, solution architects and digital transformation specialists.

Honson To added: “This is a very exciting time for our Firm and I am optimistic about the future. We plan to create more jobs, and invest more money in innovation and solution development than at any other point in our history. The scale and pace of this investment is critical to support the changing needs and complexities facing our clients with a number of them expanding their global capabilities and footprint, particularly our Regional Brand Defining clients.”

“KPMG globally is increasingly looking to this region to act as a growth engine for innovation. Our alliances with key technology partners, as well as our own investments in digital solutions, are designed to help our clients seize the opportunity of cloud based solutions to drive efficiency and service improvements and to support international businesses into the region. We are developing innovative and transformational solutions ranging from Cyber Security and Blockchain solutions, digital tax compliance solutions, as well as significant investment in our Audit platform, Clara, to help enhance audit quality. Our recently opened Digital Ignition Centres in Singapore and Japan, as well as established centres in Australia and China, offer clients the chance to use leading edge technology and explore how it can reshape their business, a great example of our investment plan delivering benefits to clients in the region.”

“We will also continue to invest significantly to enhance quality and public trust to ensure that business in the region can be conducted with confidence and assurance,” added To.

KPMG has recently launched its inaugural Global Inclusion & Diversity Report to further emphasize focus on creating a truly inclusive and diverse culture as a strategic priority. Key highlights for Asia Pacific include an increase in the number of female partners to 23%, as well as women representing 54% of new hires and 52% of the total workforce.

“The Firm’s refreshed Asia Pacific strategy is closely aligned with the global collective strategy and centred on greater regional collaboration and integration, delivered through our new corporate structure and co-operation agreement. This growth and investment is not only great news for KPMG and the people we will hire, it will also play a major role in helping our region reach its economic potential on the global stage,” concluded To.

For more information and to read the report, please visit www.kpmg.com/globalreview

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Banking/Financial Services

Ric Edelman’s Advisor Blockchain and Cryptoassets Council Kicks off Barron’s Independent Advisor Summit

Vlad Poptamas

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Ric Edelman, one of the nation’s most prominent financial advisors and creator of The Advisor Blockchain and Cryptoassets Council, held the third meeting of this growing group of influencers on March 20 at the Grand America Hotel in Salt Lake City.

Firms presenting at the event included Multicoin Capital, Bitgo, Digital Assets Data, FRST Corporation, ZenLedger, Gemini and Perkins Coie.

Immediately following the morning meeting, ABCC partnered with Barron’s to stage the Blockchain and Cryptoasset pre-event, in conjunction with the Barron’s Top Independent Advisor Summit. The event offered Continuing Education Credits to those in attendance.

Nearly 80% of the financial advisors attending the event said they know little to nothing about blockchain and cryptoassets, and 97 percent said they do not recommend cryptoassets to clients.

“The lack of knowledge by so many of the nation’s leading financial advisors demonstrates the urgency of teaching advisors about this important emerging asset class,” said Edelman, who has been named three times by Barron’s as the nation’s #1 Independent Financial Advisor. He noted that 80 percent of the advisors surveyed said clients are asking them about cryptoassets and added, “Advisors who can’t answer their clients’ questions about bitcoin will lose credibility with their clients, and they may end up losing the clients.”

Edelman gathered experts from many of the leading firms in the field. Kingdom Trust was the premiere sponsor. Additional sponsors included Bitwise Investments, Blockforce Capital, Fidelity Digital Assets, Grayscale Investments, Orion Advisor Services, Pantera Capital, State Street Global Advisors and Van Eck.

ABCC is developing additional conferences. To learn more, go to www.advisorbcc.com.

 

SOURCE Advisor Blockchain and Cryptoasset Council

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Banking/Financial Services

CoinAll Launches a New-User Campaign to Expand Community

Vlad Poptamas

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Photo source: lawyersweekly.com.au
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CoinAll has today announced the launch of a new user campaign which will last a month and features a 10,000 USDT bonus pool. Users who complete the two-task mission will have a chance to share in the bonus. The campaign comprises two tasks. In task one, new users have to register on CoinAll and pass KYC1 verification. In the second task, new users need to deposit CoinAll-listed cryptocurrencies into their accounts. Upon completion of the two tasks, they will get the bonus. The campaign is open to all digital asset traders from around the world.

“Community is the foundation of CoinAll. We hope to make it larger and stronger. Together with our users, we endeavor to make the industry better in the near future,” said Katherine Deng, General Manager of CoinAll.

CoinAll is a community-driven exchange, which means the users of the CoinAll community have the power to influence the development of the exchange. CoinAll also launches various promotions for the community as well.

For example, the blockchain quiz show “Who Wants to Be a COINALL-inaire” hosted in March, featured the industry’s first “decentralized question bank” and attracted hundreds of thousands of participants. By answering 10 questions correctly, users could take home hundreds of USDT in prizes. While enjoying the fun and bonuses, users also broadenedtheir knowledge about blockchain technology.

By offering a variety of campaigns, CoinAll has rapidly established a community of tens of thousands of members.

Besides community development, CoinAll also spares no effort in offering high-quality blockchain projects to traders. For example, COSM, which will be supported by Samsung’s latest flagship smartphone and is the first dApp partner of Samsung, was one of the very first offerings by the exchange. CoinAll has also listed other well-received projects such as BTT, ZIL, ONT, and Grin.

As an fast-emerging exchange, CoinAll was recognized as the first strategic partner of OKEx, the top-class exchange in the worldCoinAll is showing great ambition, pledging to become top-20 exchange in the world within 1 year with the help of OKEx.

“We feel grateful to our users,” said Katherine Deng. “And we want to give back to our community and make it larger and stronger. This time, our new campaign also reflects our great determination that CoinAll will continuously offer projects of high quality and good trading experience to global users.”

 

SOURCE CoinAll

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Banking/Financial Services

Maxonrow Invites Developers to Build their Own Wallet

Vlad Poptamas

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Maxonrow is inviting the global developer community to participate in its Maxonrow Community Wallet Contest. Through the contest, participants will get a unique chance to become a part of the Maxonrow Developer Community and have their work featured in their upcoming official wallet release.

Up To 5,000 USDT Reward for Developers

Signing up to the contest is now available through the contest page and submissions will be accepted starting April 24th. Consequently, the winners will be announced on May 15th. The first place winner will receive 5,000 USDT, the second place winner 4,000 USDT and the third place winner will receive 3,000 USDT. There are also two spots for fourth place which will receive 2,000 USDT each and ten consolation prices at 500 USDT each. The contest submission date is subject to change depending on the number of applications submitted.

The Maxonrow Community Wallet Must Be Developed using the Maxonrow Beta SDK V1.0

Maxonrow is asking participants to build a wallet that can run on both iOS and Android, preferably developed using an UI Framework and have excellent user experience navigation.

The wallet must be built using the Maxonrow Beta SDK V1.0 available for download on the contest landing page. In addition, the Wallet App needs to have at least the following functions and features: Wallet Creation (protected by PIN/Password/Fingerprint), basic KYC, get free Token (Faucet), Wallet Account Summary, ability to send and receive tokens, a transaction history, and user profile. Any additional wallet features will be a bonus point.

Maxonrow is Looking for Developers to Stand a Chance to Become a Part of Their Team

“We would like to invite talented and passionate developers with creativity to join our Wallet contest, and stand a chance to be part of our excellent team,” said Carlo Chung, Maxonrow’s Technical Director. He added “participants need to add a source code submission via public GitHub repository link with readme.md (Build, Installation, Run), all libraries used must follow Open Source License (GNU, MIT, etc.) and if you want bonus points, provide us both APK download link and test flight link (or either one).”

 

SOURCE Maxonrow

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