Managers of Wealth Offshore

The next phase of the AI revolution

This investment is capital expenditure, which gets capitalised on the balance sheet rather than expensed on the profit and loss accounts.

Prosperity 24/7 releases first IT sector gender pay gap report

Prosperity 24/7’s report shows that women represent 21% of the workforce, but that there is a “significant presence of women in senior positions”.

Praxis collaborates with Allvue Systems to deliver customer-centric innovation in international fund administration

Praxis provides fund administration services to institutional, private equity, venture capital, family offices, and private clients.

Crypto Funds in the Cayman Islands

This same flexibility means that Cayman is already taking advantage of the latest shift towards securitising common assets and decentralised finance (DeFi) products.

AI is best opportunity to improve underwriting performance

The cost of implementation ranked fifth, while buy-in from the workforce and buy-in from senior management were sixth and seventh.

Redefining business in the digital age

How PwC Digital Services is shaping a future of innovation and resilience

Digital asset economy-focused Soter Insure gets full licensing in Bermuda

The move allows the Bermuda-based operating company to launch insurance products tailored to institutions within the Web3 ecosystem.

Enabling an AI future

From financial services to tourism, AI is rapidly becoming a cornerstone of business and Bermuda is ensuring its people have the skills to thrive in this evolving landscape.

Cybercriminals set to benefit from advances in AI

“While AI has obvious applications in defensive cybersecurity, we believe that in the near term, threat actors will be the primary beneficiaries of these technologies.”

Buzzing towards an AI-driven future

Mellifera chairman Joseph Camilleri shares the project’s potential for positive change

WeFi launches the world’s first deobank: Pioneering a new era of decentralized banking

Deobanks are the logical next step in this journey, combining blockchain’s transparency, security, and efficiency with innovative features that put users back in control.”

Relm Insurance launches AI suite of products

Relm said its new products are designed to provide comprehensive coverage for these emerging risks, both for businesses creating and integrated with AI, and those using AI in peripheral ways.

Guernsey businesses to register with Data Protection Authority before end of February

Being able to demonstrate this independence played a critical role in the Bailiwick renewing its ‘adequacy’ status with the European Commission.

Digital public infrastructure has widespread benefits, OECD says

The report said: “These DPI systems act as common digital building blocks that underpin government processes and services and enable digital government transformation at scale.

Bahamas has the talent to innovate via technology, says tech boss

Roye’s company Plato Alpha Design – a Bahamian owned firm – has already designed products to satisfy a large chunk of the IDB report’s explanation of “generally innovative”.

AI solutions sought to improve government services

The Government said it is looking for vendors with a proven track record of delivering successful digital transformation projects, particularly in the public sector.

RFP to bring courts fully online

The Government has accepted the importance of having such a modern system by providing the funding to secure a state-of-the-art system.

Electronic justice revolution planned for Cayman courts

Ramsay-Hale said the new system was a “risk-mitigation feature” as well as a measure for saving paper, as it would help to identity who was in the building if there was an emergency.

C5 Alliance Celebrates Maha Tanveer’s Recognition as a Future Leader

This recognition fuels my passion for innovation and leadership, and I’m grateful to C5 Alliance for providing the platform to grow, learn, and make an impact.”

Virtual asset service providers and the Travel Rule

The Travel Rule aims to enhance transparency and mitigate illicit activities such as money laundering and terrorist financing within the cryptocurrency ecosystem.

FinTech