October 2017 – January 2018
“FinTech – The Future”
Gear up to Win Something Incredible.
Your Triumph Worth 10 Lakhs !!!

ISDC

ISDC – International Skill Development Corporation is a leading education and skill development Organization with a vision of bridging the global skill gap between academia and industry by developing qualifications on demand. It imparts a set of Skill Development Activities through its structured plan and aims at Developing Skills for Tomorrow. The operation includes various Skill Development Projects, Professional and Vocational Education Activities, International Schools and Colleges, Professional and Corporate Trainings, Consulting and Research & Development. It is one of the fastest growing education brands in India; having nationwide presence; 12,000 students and over a million learners with a team size of 130 on board.

Being the fastest growing Educational organization in India; ISDC works with an excess of 80 Leading Universities and Colleges for innovative and industry relevant Undergraduate / Postgraduate programs in various disciplines such as Accounting & Finance, IT, Applied Science, Media and Entertainment, Logistics & Supply Chain, Marketing …etc.

International Accountants Day (IAD)

International Accountants Day (IAD), dedicated to the accounting professionals is being celebrated globally on 10th of November every year. International Skill Development Corporation (ISDC) celebrate IAD every year in befitting manner offering students, in different academic levels, opportunities for global exposure through talent search competitions.

As part of IAD celebrations in 2017, ISDC bid a platform to Higher Secondary level students in the Kerala State to expose their intellectual talents by participating in a Paper Presentation Competition. It begins in October with a preliminary level and ends up with the Mega final round by January 2018.

Who Can Participate ?

Higher Secondary / 10+2 /” A” Level students studying in 12th Standard in Kerala; having flair in Business & Technology are eligible for participating at IAD.

Any Number of Teams can register from a School but each Team should consist of Four Students.

Preliminary Round

The Registered Teams are advised to submit a brief power point presentation on “FintTech – The Future“ which has to be send to iad@isdcglobal.org as per the instructions received on Registration.

10 best Teams will be short listed and will be invited for the Mega Final at Kochi on January.Detailed Rules & Regulations will be sent to the Registered Teams.

The Mega Final

Mega Finals of IAD will be conducted at Kochi in the Second Week of January 2018 where 10 Teams from the Preliminary Level are given the opportunity to compete.

The Finalists are asked to submit a detailed Report on the Topic along with the Power Point Slides 7 Days before the event. Ten Minutes is given to each team for the presentation and 10 minutes to answer the judging panel. The evaluation is based on Detailed Report, Presentation and Performance in the Q&A Session. Detailed Rules & Regulations will be sent to the Finalists.

Prize : -

  • Winner gets Cash Prize of Rs. 3,00,000
  • First Runner Up gets Cash Prize of Rs. 2,00,000
  • Second Runner Up gets Cash Prize of Rs. 1,00,000

What is Financial Technology (FinTech) ?

Financial Technology (FinTech) is here – sweeping through finance and, if some proponents are to be believed,threatening traditional edifices that have stood for centuries. This great surge is being fronted by a host of newstart-ups taking their lead from the big tech innovators. Their maverick approach is helping to push the FinTech industry into new territory across the financial services landscape, raising billions of dollars and worrying the incumbents. So what are the main trends and driving forces shaping FinTech today? FinTech start-ups span the spectrum of financial services, from lending and advice to foreign exchange and payments. One aspect that many of them share is strong growth: thousands of per cent in some cases. Not surprisingly, this has been attracting attention from investors. And as technologies evolve at pace (did someone say blockchain?), the potential for further disruption is ever present. New technology means new banks. Without the need for bricks, mortar or even physical money, many start-ups are changing perceptions of what a bank can, and should, be.

Many of these new banks have appeared in the UK, owing to the country's FinTech pull. FinTech is changing not only how banks operate, but also the way people invest. By sidelining financial advisers, FinTech firms reduce the cost of investing and make it simpler. Cryptocurrencies such as bitcoin are presaging deeper disruption. The technology that underpins bitcoin – blockchain – could transform the way in which many financial transactions are conducted. From trading shares to wiring remittances, intermediaries, upon whose security and technology everyone once relied, are becoming redundant. Some commentators believe the banks are finished, while others see this as their chance to fight back. Most big banks lack the agility of smaller rivals and still rely on legacy IT systems that are outmoded and unwieldy. Nevertheless, they are also trying to adjust to the potential of FinTech by acquiring challengers, or, increasingly, finding ways to collaborate with nimbler new entrants. Regulation could turn out to work in the banks' favour

The FinTech upstarts face a raft of legislation that, depending on jurisdiction, limits what they can do. Nonetheless, regulation itself is under constant review and some countries, including the UK, are supporting innovators and entrepreneurs – and the banks – as they navigate the rules. The Regulation Technology (RegTech) sector, made up of firms that provide technology solutions to enable better compliance with regulatory requirements, is also set to play a significant role in redefining the landscape. For professional accountants, helping companies manage the regulatory, tax and financial implications of the FinTech surge offers considerable opportunity. The banks and many professional accountancy firms are starting to adapt. Likethe rest of the financial services sector, all professional accountants and other finance professionals will need to engage with the wider opportunities presented by the digitisation shift and continue to provide analysis that helps companies understand the value they are creating.

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