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Archive for: November, 2011

Gary Wright - BISS Research - London | 28/11/2011 | 2587 views | 2 comments

A plan for euro replacement

As the politicians in the Eurozone appear incapable of coming up with a rescue plan or any plan to implement an orderly retreat I have been thinking of what might happen. So far the politicians’ only idea, has been to flood money into whatever country is teetering on the edge, in the hope of buying enough time to resolve the cause of the ill... Tags: Cards, Online banking

Gary Wright - BISS Research - London | 18/11/2011 | 3499 views | 1 comment

400 million euro; for what?

At a recent conference a senior member of the T2S development team said that to date €350m had been spent on development and this was likely to rise to about €400m due to the 9 months delay announced at SIBOS. Let me say it again €400m! When T2S was devised in pre 2006, the world was a very different place and in those days a techno... Tags: Risk & regulation, Sibos

Gary Wright - BISS Research - London | 17/11/2011 | 2854 views | 1 comment

Rating Agencies Stampeding Cattle

Since the first signs of the Credit Crunch and the debacle of bad asset valuation in the subprime disaster, the role of Credit Rating Agencies has created deep concern for Governments and Regulators alike. The independence that the finance industry always expected of ratings was almost unquestioned before, but not since. This begs the question how... Tags: Trade execution, Sibos

Gary Wright - BISS Research - London | 09/11/2011 | 2286 views

Will M and A be hit; or is it business as usual?

Last week I attended a breakfast meeting at Cass Business School, a heavyweight panel consisting of Lord Lyndon Harrison, Chairman of the Lords’ Committee For Economic and Financial Affairs and International Trade, Professor Scott Moeller, Director of the M&A Research Centre, Cass Business School, Frances O’Grady, Deputy General Sec... Tags: Trade execution, Risk & regulation

Gary Wright - BISS Research - London | 07/11/2011 | 2877 views

What's the point of MTFs?

When MiFID was written one of its objectives was to create increased competition to the Stock Exchanges. The view being that the Stock Exchanges were operating in what looked like a monopoly and with mergers they would be creating further monopolistic positions. This was considered bad for investors as it limited choice and forced acceptance of the... Tags: Sibos, Wholesale banking