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This community space has been established to keep participants up-to-date with Finexpo conference and exhibition news, and as a forum for discussion of the key challenges facing the capital markets industry

Hugh Cumberland - Colt - London | 05/05/2009 | 2673 views

Formula for Success?

I recently attended breakfast presentation on testing and quality hosted by Logica. Nothing unusual in that you might think, but this one was as it included an interesting insight from the world of Formula One. Mark Preston – technical guru with time at Arrows, McClaren and Super Aguri - took us through what can and does go wrong in Formula ... Tags: Risk & regulation, Post-trade & ops

Hugh Cumberland - Colt - London | 07/04/2009 | 5640 views | 1 comment

The Thundering Herd

News reaches me that banks and other financial institutions are now hiring seasoned bankers, on the grounds that these experienced resources will have the necessary gravitas and industry knowledge to run the banks of tomorrow in the way that they should probably have always been run. And this surely is a good thing. Good to see the greybeards bein... Tags: Risk & regulation, Post-trade & ops

Hugh Cumberland - Colt - London | 13/03/2009 | 2289 views | 1 comment

I am an Engineer!

There! I've said it. When all my school friends were planning careers as doctors, bank managers or Whitehall manadarins, I was taking televisions, radios, motors (and sometimes insects) apart to find out how they worked. Then I'd try and put them back together to see if they still worked, often without success (particularly with the insects). I q...

Hugh Cumberland - Colt - London | 12/03/2009 | 2673 views | 2 comments

Giant ponzi scheme uncovered

In the wake of the alleged $50bn Madoff and $8bn Stanford ponzi schemes, I have to announce that I have uncovered one that’s a tad larger. A ponzi scheme is defined as one where current withdrawals are funded by current receipts. So it would seem that the UK central and local government pension schemes with unfunded liabilities of £750... Tags: Risk & regulation, Post-trade & ops

Hugh Cumberland - Colt - London | 09/03/2009 | 2317 views | 2 comments

Where were the shareholders?

Who’s to blame for the destruction of bank shareholder equity? Those nasty bankers, with their eye-watering bonus plans? The regulators, who didn’t spot the bubble when it was blocking out the whole sky? Those self-serving politicians who oversee the regulators and maintain the health of the economic system that the bankers feed in? ... Tags: Risk & regulation, Post-trade & ops