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OneStream customers achieve on average 27% improved forecast accuracy and 86% faster planning with AI purpose-built for Finance OneStream, the leading enterpriseOneStream customers achieve on average 27% improved forecast accuracy and 86% faster planning with AI purpose-built for Finance OneStream, the leading enterprise
OneStream Named a Leader in the IDC MarketScape for Enterprise Planning, Budgeting, and Forecasting Applications Vendor Assessment
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OneStream customers achieve on average 27% improved forecast accuracy and 86% faster planning with AI purpose-built for Finance
OneStream, the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core Finance and operational functions – including financial close, consolidation, reporting, planning and forecasting – has been recognized as a Leader in the IDC MarketScape: Worldwide Enterprise Planning, Budgeting, and Forecasting Applications 2026 Vendor Assessment.
“The introduction of AI has elevated the importance of data platforms that support the functionality of these applications,” said Megha Kumar, Research VP, Analytics and AI at IDC. “A strong data platform will drive accuracy in GenAI, agentic AI outcomes resulting in better adoption of insights while highlighting the need for greater collaboration between IT and finance or technology roles within the financial organization.”
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OneStream’s SensibleAI
portfolio empowers the Office of Finance by unifying quantitative, generative, and agentic AI capabilities into purpose-built Finance solutions and surfacing them into existing workflows Finance leaders already trust and know. Built directly on the OneStream platform, SensibleAI Forecast, Studio, and Agent solutions provide contextualized insights – from financial intelligence to workflow state, consolidation status and more – to ensure decisions are made with accuracy, confidence, and speed.
“Accuracy is non-negotiable in finance,” said Tom Shea, CEO at OneStream. “Public LLMs and generic AI toolkits lack the corporate data integrity and financial acuity that Finance requires. CFOs need AI built on clean data – so they can make real decisions, not guesswork. Our customers are using our SensibleAI to run faster planning cycles and improve forecasting accuracy, achieving an average of 86% faster planning cycles and 27% increase in forecasting accuracy, showing what’s possible when AI is built specifically for finance. IDC’s recognition of our AI leadership in enterprise planning, budgeting, and forecasting underscores how we are leading AI adoption in Finance.”
Extensibility for the Future
The IDC MarketScape also noted OneStream’s key strengths including:
- The extensibility of the platform through Genesis Blocks and its Solution Exchange of approximately 100 downloadable solutions enables customers to adapt and expand functionality without heavy customization.
- The platform enables detailed planning via registers, dynamic cube services, and line item modeling for workforce, capital, cash, revenue, and other types of planning while linking offline models to core financials to support real-time operational planning without throwaway spreadsheets.
- Metadata-driven configuration and prebuilt Genesis Blocks enable core applications and reporting within relatively short time frames, helping streamline migrations from legacy systems.
The post OneStream Named a Leader in the IDC MarketScape for Enterprise Planning, Budgeting, and Forecasting Applications Vendor Assessment appeared first on GlobalFinTechSeries.
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However, FXRP changes this narrative completely. By wrapping XRP, Flare Network creates a token that can interact with smart contracts on its own blockchain. This means XRP holders can now: Access a wider range of DeFi protocols. Participate in decentralized lending and borrowing. Engage in yield farming opportunities. Trade their XRP on decentralized exchanges. This initiative transforms XRP from a primarily transactional asset into a more versatile, programmable one within the DeFi landscape. How Can You Acquire and Utilize FXRP? Getting your hands on FXRP is straightforward, offering flexibility for users. You have two primary methods to acquire this wrapped token. First, users can mint FXRP directly on the Flare Network. This process typically involves locking up an equivalent amount of XRP as collateral, ensuring the wrapped token remains fully backed. Alternatively, if direct minting isn’t your preference, you can acquire FXRP on various decentralized exchanges (DEXs). Platforms like SparkDEX, BlazeSwap, and Enosys are among the initial venues where you can trade for FXRP. This accessibility makes it easy for existing DeFi users and new participants alike to join the Flare Network ecosystem and explore its offerings. The over-collateralization aspect adds an extra layer of security, providing confidence in the token’s backing. Expanding DeFi Horizons: The Broader Impact of FXRP The introduction of FXRP extends far beyond just enabling XRP holders to participate in DeFi. It has a much broader impact on the entire decentralized finance ecosystem. By integrating a widely adopted asset like XRP, Flare Network significantly boosts the total value locked (TVL) and liquidity available within DeFi. This influx of capital and users can lead to more robust and efficient markets. Moreover, FXRP positions Flare Network as a vital bridge between different blockchain ecosystems. It demonstrates how assets from one chain can gain new functionality and utility on another, fostering greater interoperability. This cross-chain capability is essential for the long-term growth and sustainability of decentralized finance, as it breaks down silos and encourages a more unified digital economy. The potential for future integrations with other tokens and protocols is immense, further solidifying Flare’s role. Navigating the Challenges and Future of FXRP While the launch of FXRP presents exciting opportunities, it’s also important to consider potential challenges. As with any new technology in the crypto space, security remains a paramount concern. The integrity of the wrapping mechanism and the underlying smart contracts must be rigorously maintained. Furthermore, user adoption and education will be key to the success of FXRP. New users need clear guidance on how to safely mint, acquire, and use the token in various DeFi applications. 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Start Small: Consider starting with a small amount of FXRP to familiarize yourself with the process of minting, acquiring, and using it in DeFi applications. Stay Informed: Follow official Flare Network channels and reputable crypto news sources to stay updated on new integrations, security announcements, and community developments related to FXRP. By taking these steps, you can confidently navigate the exciting new world that FXRP opens up for XRP within decentralized finance. In conclusion, the launch of FXRP by Flare Network is a monumental step forward for the XRP community and the broader DeFi ecosystem. It effectively bridges a gap, allowing one of the most widely held cryptocurrencies to participate actively in decentralized finance. This innovation not only expands the utility of XRP but also reinforces Flare Network’s commitment to building a more interconnected and functional blockchain world. As FXRP gains traction, we can expect to see a surge in innovative DeFi applications and a more vibrant, inclusive financial landscape for all. Frequently Asked Questions (FAQs) Q1: What exactly is FXRP? A1: FXRP is an over-collateralized, wrapped version of XRP, specifically designed to enable XRP holders to use their assets within decentralized finance (DeFi) applications on the Flare Network. Q2: How is FXRP different from standard XRP? A2: While FXRP is backed by XRP, its key difference is that it resides on the Flare Network and is compatible with smart contracts. This allows it to be used in DeFi protocols for lending, borrowing, and trading, which standard XRP cannot do natively. Q3: Where can I acquire FXRP? A3: You can acquire FXRP by minting it directly on the Flare Network by locking up XRP, or by purchasing it on decentralized exchanges such as SparkDEX, BlazeSwap, and Enosys. Q4: What are the main benefits of using FXRP in DeFi? A4: The primary benefits include gaining access to a wide array of DeFi services like lending, borrowing, and trading on DEXs, thereby increasing the utility and potential earning opportunities for XRP holders within the decentralized ecosystem. Q5: What is Flare Network’s role in the creation of FXRP? A5: Flare Network is the blockchain platform that hosts FXRP. It provides the smart contract functionality and infrastructure necessary to wrap XRP and enable its use in DeFi applications, acting as a bridge for XRP into the decentralized world. If you found this article insightful and believe in the potential of FXRP to revolutionize DeFi, please share it with your network! Help spread the word about how Flare Network is bridging the gap for XRP holders and expanding the possibilities within decentralized finance. Your support helps grow our community and keeps everyone informed about the latest crypto innovations. To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized finance institutional adoption. This post Unleash Potential: Flare Network’s FXRP Revolutionizes DeFi Access for XRP first appeared on BitcoinWorld.
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