Financial Instability

COVID-19 continues to impact global economic and trade, such as corporate demand, supply chain, financial markets, labor force, daily business, etc. Faced with the uncertainty, TransAct continues to maintain its multiple competencies, including innovation in proprietary technology research and development, expansion of international supply chains and the influence of international policy-related sustainability practices and tools. TransAct has adopted four basic risk management methods for financial systems in operations: identify, measure, monitor, and report, defining the unstable risk identified by financial systems as "the likelihood of events affecting the achievement of strategic and operational objectives.”