Triad Share Discussion Threads

[boozey] 02/7/2021 19:21

Panoply's results Monday - at heart an IT Consulting Company like Triad - very much in the Digital space, so different field to Triad, but will be interesting to read results and market reaction. I hold both.

[sunshine today] 02/7/2021 18:30

CryptoHieu
@TrungHieuD
·
1h
Would be great if you list the London 🇬🇧 asset
@stratisplatform
$strax.
@CryptoKrushang

@ctstratis
is happy to assist.

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[netcurtains] 02/7/2021 16:34

I think it being official is important.
So Triad might have known they had a good chance
But its great that its now done.
£5m.

I'm surprised it did not move share price.
I guess we need another big win to clinch it!

[sunshine today] 02/7/2021 16:17

Last years big moj contract required ( in the spec ) 18 consultants.

[sunshine today] 02/7/2021 16:11

That’s without all the other contracts at tender stage and framework agreements.

Plus it’s high margin

Plus not a cent is from Blockchain yet.

Plus still working on last years wins through this year.

[netcurtains] 02/7/2021 16:11

God knows what that Westcoast one is worth too.
I mean they did that joint video with westcoast CEO.
It must be pretty big!

Then there is that international hotel design chain Triad go on about....

[sunshine today] 02/7/2021 16:03

Net, yep that and Ofgem, = a years worth of government turnover won, in just four months.

[sunshine today] 02/7/2021 16:01

I think we have been told about it in the report and accounts.

This is just a call off, not sure what the total contract value is.

The company knows long before it’s published.

However it’s fabulous to have so many wins since March and gives two years plus visibility.

[netcurtains] 02/7/2021 15:58

£5m is a big percentage of turnover and market cap.
Close to 1/3rd of the value in that ONE contract win.

Imagine if they won a few more?

[patient fox] 02/7/2021 15:50

Should that not be worthy of an rns?

[sunshine today] 02/7/2021 15:26

July 2021
Ministry of Justice
Management Consultancy Framework for Digital and Technology Project Management and PMO Delivery Partner
award: Triad Group£5M

[sunshine today] 02/7/2021 15:19

Great news

ward of a Call Off Contract under the Management Consultancy Framework for Digital and Technology Project Management and PMO Delivery Partner
A Contract Award Notice
by MINISTRY OF JUSTICE

Source
Contracts Finder
Type
Contract (Services)
Duration
2 year
Value
£5M
Sector
BUSINESS
Published
02 Jul 2021
Delivery
01 Apr 2021 to 01 Apr 2023
Deadline
01 Feb 2021 10:00
Concepts
management consultancy
management consultancy framework for digital and technology project management
award of a call
management consultancy framework
pmo delivery partner
consultancy services
technology project management
Location

[sunshine today] 02/7/2021 10:56

Banks and financial institutions are going to have to invest in blockchain solutions at pace, or see their advantage disappear within 3 - 5 years.

This is where Stratis and TRD,will, I believe see explosive growth :


“The Stratis ecosystem enables global firms to adapt their existing IT infrastructure by integrating blockchain features in a familiar programming language for everyday developers”

One day, this will get priced into the shares, and then the fun will begin.

The above advantage, using a familiar language, and Microsoft, will wipe out most of the competition in my opinion.

[sunshine today] 02/7/2021 10:47

1. Stratis - Easing Enterprise Blockchain Adoption

Blockchain-as-a-Service platform Stratis was designed to make decentralized adoption easier for businesses by offering several products and services for enterprises that work seamlessly with their legacy operations. Boosted by a recent investment from digital asset fund Alphabit, these include private sidechains, running full nodes, developing and deploying smart contracts, token launches, and a proof-of-identity application at scale.
The Stratis ecosystem enables global firms to adapt their existing IT infrastructure by integrating blockchain features in a familiar programming language for everyday developers. The Stratis Identity solution delivers a decentralized method of KYC and AML verification for businesses to comply with regulations, its STO platform provides a compliant digital launchpad for business security token offerings, and its auditable smart contracts are especially suitable for the development of enterprise blockchains that are compatible with the DeFi space.

[netcurtains] 02/7/2021 07:33

I only mention Westcoast at Andover as I was driving past there yesterday. The place was absolutely huge.

[sunshine today] 01/7/2021 18:44

Would be rather nice if they required a solution for the supply chain.

(Blockchain)

[sunshine today] 01/7/2021 18:42

That’s why their turnover is £3.5BN, and growing.

[netcurtains] 01/7/2021 16:57

Westcoast did some major expansion in late 2019 (just weeks before pandemic)
They DOUBLED their warehouse space.



From website:

Alex Tatham, Westcoast’s managing director, said: “This new facility demonstrates the level of confidence the Board has in the business and its future growth in the UK as well as in exports, expansion businesses and services – some of which will be based in Andover”.

Note phrase: "EXPANSION ..... AND SERVICES"...

[sunshine today] 01/7/2021 12:23

Nothing to do with Stratis and TRD, however, both are targeting the banks, as their staff use C# as a computer language that make the solution attractive.





Tommy Stubbington in London YESTERDAY


A growing number of banks are experimenting with issuing bonds on blockchains, in a shift they say could eventually revolutionise an asset class that has lagged behind in adoption of new technologies.

Blockchain — the digital ledger that records and verifies transactions and underpins cryptocurrencies such as Bitcoin — has the potential to streamline the process of selling new debt, leading to substantial cost savings, bankers say.

“I think blockchain has a real future in debt capital markets,” said Sean Taor, head of European debt capital markets at RBC. “If you can use blockchain from start to finish, you take out a lot of the costs, a lot of the risks in terms of counterparty and settlement risks.”

In April the European Investment Bank raised €100m from a two-year bond registered on the ethereum blockchain network, in the first such deal involving a syndicate of banks. The deal came three years after the World Bank sold the first bond to be created and managed using blockchain.

Singaporean food producer Olam International last year sold a bond using HSBC’s blockchain-based settlement platform, while JPMorgan has also tested the use of blockchain technology for issuing financial instruments.

For the issuers the motivation is obvious. Over the life cycle of a bond, using blockchain technology could save at least 35 per cent of the costs associated with issuance, according to a study last year by German fintech firm Cashlink, by automating processes such as the emailing back and forth and manual updating of bond documentation. Use of blockchain could also cut down the number of intermediaries involved in the process — for example the bonds would no longer need to be registered with a central securities depository.

A similar 2019 study by HSBC looking at the green bond market — where a public ledger would help streamline the process of tracking the use of the bond’s proceeds — identified much larger savings of up to 90 per cent.

Blockchain issued bonds are not denominated in cryptocurrencies, but they use the same underlying technology to reconcile orders from different systems, record and update ownership of the asset, and allow the transaction to be settled without the need for extensive manual cross-checking. Rather than settlement taking three days, as is typical, money can flow to the issuer seamlessly once the bond is priced.

“It’s essentially a glorified database,” said Matthew McDermott, head of digital assets at Goldman Sachs, one of the banks which handled the EIB deal along with Santander and Société Générale. “This technology reduces the number of intermediaries involved in any given transaction.”

The bank has had more than 100 one-to-one meetings with investors and would-be issuers about the potential use of blockchain as a result of the interest generated by that transaction, McDermott said.

Some of this is just hype around a new technology. I’m not sure it’s quite as revolutionary as it’s sometimes made out to be

Kevin McPartland, head of market structure at Coalition Greenwich
Blockchain also offers a way to easily locate current holders of bonds — often a tricky task in the relatively fragmented world of fixed income where bonds are often traded directly “over the counter” rather than on centralised exchanges.

Billions of dollars have been poured into analytics to help traders locate debt securities to buy or sell, according to Kevin McPartland, head of market structure at Coalition Greenwich. “A universal database of who owns what, at least in theory, avoids the need for that,” he said.

Issuers would also find it much easier to communicate with investors — some bonds, for example, contain clauses which allow bondholders to sell back to the company if it changes hands.

Moreover, banks could also save money on fees charged by trading venues and allow deals to be negotiated without giving away data to the rest of the market.

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By lowering some of the barriers to participation in bond markets, blockchain technologies could eventually open them up to much smaller players, according to Denis Coleman, co-head of the global financing group at Goldman Sachs. “This is just the very start of a journey, but you could see the democratisation of bond markets,” he said.

The HSBC report, which was co-authored by the Sustainable Digital Finance Alliance, recommended the setting up of “DIY” bond platforms on blockchain, which would enable smaller companies to tap debt markets with a minimum of fixed costs.

Some of the claims made about its potential may be overblown, McPartland said. The massive investment necessary to change the systems that underpin debt markets will probably happen slowly, and regulators won’t necessarily approve, he argued.

“Distributed ledgers will have a role to play in helping markets become more liquid and transparent,” he added. “But some of this is just hype around a new technology. I’m not sure it’s quite as revolutionary as it’s sometimes made out to be.”

[sunshine today] 01/7/2021 07:42

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[netcurtains] 30/6/2021 18:23

ST: Yes someone has mopped up a lot of stock.
@118 buy

[sunshine today] 30/6/2021 18:03

Delayed trade from yesterday

21,072 Buy @118P

[sunshine today] 30/6/2021 17:16

Stratisplatform

Stratis is a powerful and flexible Blockchain Development Platform designed for the needs of real world financial services and businesses



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[sunshine today] 30/6/2021 09:00

Strax token now 50% off lows of a few weeks ago.