The Economist + iComply: Banking on Blockchain

by Oct 28, 2019

The Economist + iComply: Banking on Blockchain

Oct 28, 2019 | Blog, Events, iComply Insights, In The News

As Seen In: The Economist and iComply – Banking on Blockchain

This September, iComply Investor Services partnered with The Economist on their Future Banking and Payments series to publish our “Banking on Blockchain” article covering the latest industry data regarding tokenization and blockchain technologies, and dispelling the broad misconceptions that people hold about this emerging digital market.

As the world of finance becomes increasingly automated, institutions will be required to maintain stricter regulations on how their digital systems handle customer data, financial models, and compliance reporting.

Using a blockchain, companies can open the door to comprehensive, intuitive business practices–spending 80-95% less on administration to automatically manage clearing, transfers, settlements, and compliance, at 1/160th of the time it typically takes in the public markets.

Addressing some of the key falsehoods about tokenization, iComply dives deep into proven industry insights regarding how tokenization is helping businesses save time, effort, and money on their compliance. 

To read the full article at The Economist, click here.

iComply Investor Services (iComply) is an industry leading and award winning Regtech (regulatory technology) company specializing in compliance automation for digital finance. Our suite of enterprise solutions helps companies overcome the cost and complexity of multi-jurisdictional compliance to effectively access new markets and opportunities.

Vaidyanathan Chandrashekhar

Vaidyanathan Chandrashekhar

Advisors

“Chandy,” is a technology and risk expert with executive experience at Boston Consulting Group, Citi, and PwC. With over two decades in financial services, digital transformation, and enterprise risk, he advises iComply on scalable compliance infrastructure for global markets.
Thomas Linder

Thomas Linder

Advisors

Thomas is a global tax and compliance expert with deep specialization in digital assets, blockchain, and tokenization. As a partner at MME Legal | Tax | Compliance, he advises iComply on regulatory strategy, cross-border compliance, and digital finance innovation.
Thomas Hardjono

Thomas Hardjono

Advisors

Thomas is a renowned identity and cybersecurity expert, serving as CTO of Connection Science at MIT. With deep expertise in decentralized identity, zero trust, and secure data exchange, he advises iComply on cutting-edge technology and privacy-first compliance architecture.
Rodney Dobson

Rodney Dobson

Advisors

Rodney is the former President of ADP Canada and international executive with over two decades of leadership in global HR and enterprise technology. He advises iComply with deep expertise in international service delivery, M&A, and scaling high-growth operations across regulated markets.
Praveen Mandal

Praveen Mandal

Advisors

Praveen is a serial entrepreneur and technology innovator, known for leadership roles at Lucent Bell Labs, ChargePoint, and the Stanford Linear Accelerator. He advises iComply on advanced computing, scalable infrastructure, and the intersection of AI, energy, and compliance tech.
Paul Childerhose

Paul Childerhose

Advisors

Paul is a Canadian RegTech leader and founder of Maple Peak Group, with extensive experience in financial services compliance, AML, and digital transformation. He advises iComply on regulatory alignment, operational strategy, and scaling compliance programs in complex markets.
John Engle

John Engle

Advisors

John is a seasoned business executive with senior leadership experience at CIBC, UBS, and Accenture. With deep expertise in investment banking, private equity, and digital transformation, he advises iComply on strategic growth, partnerships, and global market expansion.
Jeff Bandman

Jeff Bandman

Advisors

Jeff is a former CFTC official and globally recognized expert in financial regulation, fintech, and digital assets. As founder of Bandman Advisors, he brings deep insight into regulatory policy, market infrastructure, and innovation to guide iComply’s global compliance strategy.
Greg Pearlman

Greg Pearlman

Advisors

Greg is a seasoned investment banker with over 35 years of experience, including leadership roles at BMO Capital Markets, Morgan Stanley, and Citigroup. Greg brings deep expertise in financial strategy and growth to support iComply's expansion in the RegTech sector.
Deven Sharma

Deven Sharma

Advisors

Deven is the former President of S&P and a globally respected authority in risk, data, and capital markets. With decades of leadership across financial services and tech, he advises iComply on strategic growth, governance, and the future of trusted data in AML compliance.