Archive for: January, 2008
Reetesh Vadodaria - Polaris Software Lab Pte Ltd - Singapore | 28/01/2008 | 2789 views
With the amazing speed & success of Google, cloud computing has emerged as the leading edge paradigm of computing architectures. The "newness" (or "fogginess", as the cynical banker is apt to think!) of this concept can be gauged from the fact that a Google search "define: cloud computing" results in zero results!G...
Alan Goodrich - Goodrich analytiX Ltd - Nairobi | 28/01/2008 | 3238 views
On 5th March 1995 Dutch banking and insurance group ING bought Barings for £1 and assumed liabilities of over $600m.According to some McKinsey research presented by Mark Lawrence at a PRMIA event I attended in London on 18th December 2006, based on a sample of more than 350 operational loss events, normalized for industry performance, the dec...
Tags: Dealing rooms, Risk & regulation
Alan Goodrich - Goodrich analytiX Ltd - Nairobi | 28/01/2008 | 3099 views
Just when you thought the subject had safely swam off quietly into deeper waters, frightened off by crazed French bankers; the debate resurfaces thanks to those nice analysts at Celent.
Tags: Online banking, Retail banking
a non-active Finextra member | 24/01/2008 | 2714 views | 1 comment
Once again the vulnerability of global financial institutions is illuminated by the operations of a single individual. Today's announcement of EUR5 billion in losses at SocGen adds to an ever-expanding list of Nick-Leeson style trading debacles - Chinese metals trader Liu Qibing's copper loss of $100 million, a Mizuho broker's sale of ...
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a non-active Finextra member | 22/01/2008 | 2088 views
It would seem that we have entered a period of bipolarity in global financial affairs. On the one side we have (Eastern) sovereign wealth funds charged with investing vast sums amassed through explosive economic growth (China, Singapore) or the skyrocketing price of oil (Saudi Arabia, Qatar, Russia) and on the other, (primarily Western) private sec...
11 Jan, 2008
Paul Penrose - Finextra - London 1990 views
Tags: Security, Payments
07 Jan, 2008
David Strachan - DRS Advisors LLC - Maryland 2077 views | 1 comment
03 Jan, 2008
Colin Day - SunGard - London 2128 views
Tags: Payments, Post-trade & ops
02 Jan, 2008
Paul Penrose - Finextra - London 1966 views
Tags: Payments, Retail banking