Compellio and PwC Luxembourg announce a Joint Business Relationship in Blockchain and Digitalisation
Compellio S.A. and PwC Luxembourg are joining forces to launch a Joint Business Relationship (JBR) bringing new and innovative services in the fields of blockchain and digitalisation.
Compellio is an online blockchain-based platform which enables organisations to quickly benefit from the added value of Distributed Ledger Technologies (DLTs) without the need for cumbersome infrastructure development or expensive smart contract programming.
With Compellio, companies and public institutions can easily leverage blockchain in their sector-specific use cases and streamline all processes related to data registry, data certification, timestamping, or proof of existence.
From counterfeit protection and supply chain traceability, to audit controls and compliance, organisations can use Compellio to prove ownership of physical and non-physical assets, protect sensitive data, certify receipt of information and monitor data in real time.
Being compatible with private and public cloud architectures, Compellio brings the power of blockchain technology to mainstream IT applications while complying with the recent regulations as GDPR.
Its fast adoption in diverse business sectors ranging from EU institutions to premium agriculture producers is a strong indication that Compellio can effectively help clients to realize the benefits of blockchain in their mainstream business.
PwC acknowledges that blockchain technologies can offer solutions to several business domains. The versatility of Compellio could help customers to quickly deploy innovative applications without obliterating existing IT investments.
François Génaux, partner at PwC Luxembourg said:
“Within PwC Luxembourg we invest heavily in technology. In particular, we are excited by, and embrace, the innovation and transformational change potential being delivered by the Fintech sector. Such change potential drives our focus on digital transformation. For example, we strongly believe that Blockchain technology will enable all types of industries to work more efficiently, more transparently and in a collaborative mode. We are therefore very pleased to announce that we have joined forces with Compellio to support the deployment of such innovative technology across industries. In particular, as the leader in advising and auditing clients in the Asset Management industry, we are committed to supporting the future delivery of ground-breaking Asset Management solutions.”
Denis Avrilionis, CEO of Compellio said:
“PwC’s reputation as a market leader in professional services is well-established. Compellio’s online tools will be a powerful addition to the trajectory of services aiming at helping clients to accelerate their digital transformation. Together with PwC, we will help clients globally to implement high added-value solutions for their business.”
About Compellio
Compellio is a Luxembourg-based software company offering novel solutions in innovation management and digitalisation. Compellio’s newest product is a scalable blockchain-based service that enables organisations to easily protect digital assets and trace transactions in a highly secure online environment, without the need for expensive smart contract development.
Compellio services are expanding to cover a broad range of requirements enabling compliance, governance, or auditability in various business sectors, including government, finance, logistics and agriculture.
For more information, you may contact Compellio at hello@compell.io
About PwC Luxembourg
PwC Luxembourg (www.pwc.lu) is the largest professional services firm in Luxembourg with 2,745 people employed from 76 different countries. PwC Luxembourg provides audit, tax and advisory services including management consulting, transaction, financing and regulatory advice. The firm provides advice to a wide variety of clients from local and middle market entrepreneurs to large multinational companies operating from Luxembourg and the Greater Region. The firm helps its clients create the value they are looking for by contributing to the smooth operation of the capital markets and providing advice through an industry-focused approach.
The PwC global network is the largest provider of professional services in the audit, tax and management consultancy sectors. We’re a network of independent firms based in 158 countries and employing over 250,000 people. Talk to us about your concerns and find out more by visiting us at www.pwc.com and www.pwc.lu.
