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MiFID

Archive for: November, 2008

John Cant - MPI Europe Ltd - London | 30/11/2008 | 3846 views

The demise and subsequent break up of Lehman Brothers will provide strong case study material for many MBA courses, for many years. There are several lessons to be learnt beyond the crucial role of customer confidence in business success. For example, there are the difficulties involved in splitting or decoupling the heavily centralised Lehman IT s... Tags: Risk & regulation, Wholesale banking

Elton Cane - Independent - Brisbane | 28/11/2008 | 4185 views

MiFID created no extra demand for IT or services

At least that's the view of Knowledge Technology Solutions (KTS) CEO Andrew Miller. KTS is soon to adopt the brand of its Sep. '07 acquisition, Arcontech, after closing its original market terminal subscription business.In the company's interim earnings statement today, he says: "The implementation date for the much discussed Markets in Financial I... Tags: Trade execution, Wholesale banking

Gary Wright - BISS Research - London | 19/11/2008 | 2191 views

Settlement begins

At last weeks EMXCo quarterly update Max Wright their CEO and mastermind leading the way in bringing STP into the investment funds announced the exciting news that they have the first firm using settlement messages. The packed audience of distributer's, brokers and fund managers almost purred with appreciation. This really is breaking new ground fo... Tags: Retail banking, Wholesale banking

Gary Wright - BISS Research - London | 12/11/2008 | 2069 views | 1 comment

Obama, Obama

The election of President Obama is a wonderful and historical event for the USA but also the world. The American dream is more real today than ever before. A Black President in the White House is a healing beacon of light across America that will start to bring social and cultural changes and a uniting force forever consigning racial divides to the... Tags: Dealing rooms, Retail banking

Gary Wright - BISS Research - London | 07/11/2008 | 2608 views

What is the true value of XBRL?

XML is not new but you would be forgiven for thinking it is, in the financial services industry. Now that ISO20022 is grabbing some attention there is an inevitable growing interest in XML. A few years ago the FSA in the UK started a project to move towards XBRL, one of the many derivatives that have been sporned from the origins of XML. The proje... Tags: Security, Wholesale banking