Parva operation during COVID-19 emergency

19th March 2020

COVID-19 is touching all of our lives. Our top priority in this unsettling time is your wellbeing, and doing what we can to mitigate the impact of the virus on our community.

From the first days of the COVID-19 emergency in Italy, we have activated extraordinary operating methods aimed at guaranteeing the continuity of our service for our customers, while respecting the civil responsibility and health of the Parva Team.

On 23rd February we announced to our employees in Milan the adoption of smart working solutions, with the primary objective of minimising health risks and playing an active part in the effort to contain the spread of the virus, while limiting the impact of our service level to our valued customers.Consequently, all Parva locations followed the procedure.

We implemented  Smart-Working from Tuesday 25th February, together with all preventative actions to contain the spread of the corona virus: from the cancellation of face-to-face meetings and encounters, to the circulation of information coming from official channels such as the Ministry of Health and the National Health Service.

Working hand in hand with our customers, we have  been able to activate Smart working mode for all our Teams: from the 9th March 100% of Parva employees are operating in Smart-Working mode while continuing to support our customers who, even in this difficult phase, provide their services.

Financial Industry Transitions to T+1 Settlement Cycle. Is Europe ready?

Step into the future of broker-dealer transactions: the SEC's rule changes are shortening settlement cycles to T+1, triggering global reflections and reshaping financial markets worldwide.

Tokenization: Reshaping Financial Markets and creating new asset classes

The financial sector is moving from cryptocurrencies to tokenized assets, reshaping capital markets. Amid cryptocurrency challenges and FTX's decline, asset managers are researching blockchain and asset tokenization for traditional and new investors.

Is the EU Banking Sector Ready for Fit-for-55? Insights from the Recent EBA Climate Risk Reporting Template

The Fit-for-55 initiative is an all-inclusive project aimed at addressing sectors substantially impacting greenhouse gas emissions. On November 17th, 2023, the European Bank Authority (EBA) released the initial template, mandatory for 110 European banks.

A new Macroprudential Approach for Investment Funds in Ireland – DP11

In July 2023, the Central Bank of Ireland (CBI) released a discussion paper, DP11, addressing the need for a new macroprudential framework in Ireland's investment funds sector.
© Copyright - Parva Consulting - designed and optimized by Luke Calber