© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Designing the Future of International Transactions
Posted 11th October 2021

Designing the Future of International Transactions

Providing for wholesale banks and large market players in the financial sector, Adhara’s effective and efficient platforms and systems are now being used by some of the largest businesses in the world. Promoting a new technological industry standard, this company has worked hard to develop long lasting client relationships and is now a powerhouse in its field.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Designing the Future of International Transactions
Adhara

Providing for wholesale banks and large market players in the financial sector, Adhara’s effective and efficient platforms and systems are now being used by some of the largest businesses in the world. Promoting a new technological industry standard, this company has worked hard to develop long lasting client relationships and is now a powerhouse in its field.

Adhara is a financial services company operating around the world, with development hubs in Spain, South Africa, the UK, and Singapore. It is a builder of next-generation wholesale settlement platforms that are based on CBDCs and tokenized money systems, also handling cross border payments, fx and liquidity trading, a highly effective toolkit for banks, and the digital and sector acumen to settle over tokenized money in real time. Fully remote and optimized, with user interfaces that are both intuitive and comprehensive, it has gained renown as the smartest way to handle smart contracts. Deployed over permissions based and enterprise grade standard blockchain networks, it can enable payments between businesses, as well as manage settlements to the benefit of both parties, allowing all involved to work seamlessly and without the need for additional bloatware.

By allowing the streamlining of processes across the board in its industry, it addresses a multitude of challenges often faced by wholesale banks. Specifically, these businesses can find difficulty in managing international payments; there is a tendency for these processes to be less than simple for either party, with multiple hoops to jump through and the tendency for this to spread across multiple platforms. Adhara wishes to change all that one client at a time as it grows its roster of clientele and continues to upgrade the applications it offers accordingly alongside changing industry standards.

Often, issues are caused by inefficient execution processes and a lack of visibility when it comes to liquidity, which is unhelpful at best and completely stymies business at worst. Payments are not often fully digitized, or orchestrated in this manner, with the industry traditionally preferring bilateral messages. However, this as an industry standard is something Adhara is keen to steer its sector away from, as bilateral messaging is expensive and prone to error, requiring constant reconciliations throughout the process that can become labour intensive. Adding unnecessary complications is the exact thing that Adhara was developed to avoid. Instead, its platforms seek to speed up liquidity, making it faster and more cost effective, as well as drastically reducing the margin for error.

By offering the Central Bank Digital Currencies that it does, it promotes a form of tokenized money management and financial solution that the world is slowly making its pivot towards. Making the most business sense no matter the scale of the company or transaction, tokenized money is at the forefront of innovation, allowing for programmable liquidity that trims the fat from the endeavour and allows a client to couple payments and trading processes with settlement. Not only does this eliminate the need to complete reconciliations at many stages throughout the transaction, it decreases the need for back and forth messaging and decreases the probability of errors. This also dramatically increases visibility and auditability, avoiding further error and allowing a client a full overview of the entire transaction.

All its services play to its core values, which lie in consistency and practicality. It keeps itself pragmatic, seeking only to serve its clients in the best way possible, helping banks and other regulated wholesale finance players find the best channel for the most cost-effective solutions. In this way, banks find its services to be professional and uncomplicated, with a focus on keeping processes and interactions streamlined and client led. Adhara will work to avoid disrupting the client’s own processes, fitting seamlessly around them and in fact bettering them across the board, striving to aid them in the solving of key issues related to inefficient payment processes and settlement cycles.

Such issues are often disconnected and result in higher operational costs for processes and settlements, which Adhara allows its clients to avoid. With a belief in the innovative nature of blockchain technology and smart contacts, the tokenization of money makes for a powerful tool in the hands of wholesale banks and market players. Moreover, they benefit the market by allowing things to progress quickly with far less allowances needing to be made for troubleshooting. Adhara is functionally making finance more efficient and more affordable with every application and upgrade, something that its clients have lauded as exemplary, and that its partners are proud to support.

It also adds increased security to processes, meaning that a client can rest assured that their assets are being protected when they use Adhara’s services. This is crucial in international transactions, where large sums are being handled. Its products are built for the benefit of banks leveraging standard, open-source, enterprise grade blockchains, becoming more widely accepted as time goes on. Whilst the technologies integrate themselves deeper in the finance industry, Adhara is aware that innovation is a continuous process, and that the changing world it exists in demands constant adaptation. Therefore, whilst its solutions are watertight and extremely well-designed, taking pride in the technological prowess of what it offers, it knows they could always be better.

Taking new developments and upgrades in its stride, ensuring that it doesn’t stagnate, Adhara is constantly striving to make its services even better. Working for clients dealing with big budget deals and across the world, it takes its ability to adapt to changing paradigms very seriously, keeping itself flexible to adopt beneficial alterations. Most of its client list are large shareholders dealing with large scale deals, and Adhara’s solutions are extremely proficient in helping them to handle the hurdles they must face. Many such problematic areas are a direct mirror to those faced in the general interbank market. As it moves forward towards its future, Adhara will be continuing to support its clients through such potential issues. In addition, it has been working on several strategic projects with the backing of its large international clients. Recently appointed as the blockchain partner to Fnality International, it is responsible for the building of their entire blockchain infrastructure. Therefore, it has made itself accountable for delivering production grade systems to this company and its member banks. It is particularly excited to see where this will take it as it looks towards the rest of 2021 and beyond.

For further information, please contact Tanya Knowles or visit https://adhara.io/team/

Categories: Finance, News


You Might Also Like
Read Full PostRead - Eye Icon
MXC Capital Limited Acquire Calyx Managed Services Ltd
Finance
Read Full PostRead - Eye Icon
Do You Need a Cryptocurrency Wallet to Trade bitcoins?
Finance
17/11/2021Do You Need a Cryptocurrency Wallet to Trade bitcoins?

A lot of people are asking the same question, "Do you need a Cryptocurrency Wallet to trade Bitcoins?" and they are all too common. The reason for this is that the technology behind the trade of bitcoins is incredibly complicated and it takes time to learn how

Read Full PostRead - Eye Icon
10 Point Checklist for Launching a Business
Innovation
14/04/202210 Point Checklist for Launching a Business

If you're ready to turn your business idea into a real-life company, you might be overwhelmed by so many variables and tasks required to get your new enterprise off the ground. However, there's no reason to lose track of these tasks. Instead, you can create a

Read Full PostRead - Eye Icon
Budget 2015: Pennies Welcome – Pounds Preferred
Finance
19/03/2015Budget 2015: Pennies Welcome – Pounds Preferred

David McCorquodale, KPMG head of retail, comments on the impact of today's budget announcements on the UK High Street.

Read Full PostRead - Eye Icon
The Desire to Acquire & The Urge to Merge
M&A
26/11/2015The Desire to Acquire & The Urge to Merge

de Marcellus & Disser specialises in IP law and assisting companies involved in IP law surrounding M&A activity.

Read Full PostRead - Eye Icon
5 Tips to Develop a Talent Management Strategy for Your Business
News
19/11/20215 Tips to Develop a Talent Management Strategy for Your Business

Your business’s success depends on a solid talent management framework as it brings in necessary skills and suitable expertise to improve the organization’s productivity and performance.

Read Full PostRead - Eye Icon
Bureau van Dijk Adds Document Management to its Transfer Pricing Solution
Innovation
24/09/2015Bureau van Dijk Adds Document Management to its Transfer Pricing Solution

Bureau van Dijk, the leading provider of company information, has created a new documentation workflow tool to streamline report-preparation, management and compliance in relation to the new BEPS and country-by-country reporting requirements.

Read Full PostRead - Eye Icon
Investing in Yourself
News
01/06/2021Investing in Yourself

At the end of the day, if you want to become an expert in business, that means that you're going to be spending a lot of time making investments. Some of these investments may seem obvious: You'll have to invest in equipment, real estate, and employees. Some i

Read Full PostRead - Eye Icon
Make the Invisible Visible: AI-Based Investigation Solutions
News
13/02/2024Make the Invisible Visible: AI-Based Investigation Solutions

Established in 2012, Voyager Labs is an award-winning global leader in the development of advanced digital analytic solutions that enable public safety organizations to identify threats, mitigate risk, and fight crime.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow