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What is the SWIFT Banking System? (Definition, Benefits, Challenges)

Peak Frameworks

With numerous currencies and no standardized transaction method, international financial transactions were a logistical nightmare. Consider the issue banks faced in the 1960s and 1970s with the European Union’s formation.

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What are Unilateral Contracts in the Finance Industry?

Peak Frameworks

Legal Requirements For unilateral contracts to hold legal water, they must satisfy three key elements: Offer: A definitive promise indicating readiness to enter into the contract upon the performance of the specified act. This evolution will likely expand their applicability, making them a cornerstone of financial strategy and operations.

Finance 52
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How to Land a Private Equity Internship: Tips and Strategies

OfficeHours

Through a private equity internship, you will be exposed to high-stakes, complex financial transactions and gain valuable experience in investment analysis, deal structuring, and portfolio management. One of the primary ways to do so is by landing an internship at a private equity firm you might want to work at.

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Fireside Friday with… DTCC Digital Assets’ Nadine Chakar

The TRADE

We are definitely seeing the buy-side dipping their toes into the digital waters. Leveraging smart contracts, or automating and simplifying complex financial transactions, coupled with the power of AI – spells big potential for making trading faster, transparent and more efficient.

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Statement of Cash Flow

Wall Street Mojo

Statement of Cash Flows Definition A Statement of Cash Flow is an accounting document that tracks the incoming and outgoing cash and cash equivalents from a business. Thus, it accounts for a company’s financial standing and reveals the corporate efficiency in managing its cash and liquidity position. read more.

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Accounting Information System (AIS)

Wall Street Mojo

Article Link to be Hyperlinked For eg: Source: Accounting Information System (AIS) (wallstreetmojo.com) In simple words, it is a system to collect and store all information related to financial transactions and events so that they can be retrieved for decision making by the internal management, accounts, CFOs, auditors, etc.

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Structuring and Management of Transition Service Agreements (TSA) in Carve-Outs

M&A Leadership Council

Definition of Separation vs. Integration This is an often overlooked but very important consideration when the data for the divested business unit is comingled with the parent company’s data (e.g. Financial transactions, employee data, etc.).