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Archive for: June, 2012

Kathleen Tyson-Quah - Granularity Ltd - London | 30/06/2012 | 2389 views

The ESMA OTC Derivatives End User Carve Out

ESMA has released a Consultation Paper on the draft technical standards for trade repositories, OTC clearing and CCPs. Discussion of non-financial counterparty exclusions begins on page 14. OTC contracts that protect non-financial counterparties against risks "directly related to their commercial activities and treasury financing activities" are ... Tags: Trade executionGroup: Post-Trade Forum

Pat Carroll - ValidSoft - London | 28/06/2012 | 2983 views | 1 comment

Combating global cyber crooks

This week two large-scale fraud scams caught my attention. The first scam sees fraudsters using new and improved Zeus and SpyEye malwares to infiltrate people’s computers, enabling them to steal their personal details so that they can siphon large amounts of money into their own bank accounts. This isn’t the first time that malware has... Tags: Security, Online bankingGroup: Information Security

Alexander Peschkoff - TEDIPAY - London | 28/06/2012 | 2616 views

A missing 'fifth element'

Two days after the original article on "Amazon vs PayPal" was published and tweeted by several people, one of the Amazon Payments' top execs joined Finextra. Talk about coincidence... These days, PR teams keep an eye on online "exposure" of their companies/clients. United Airlines paid a hefty price for ignoring the power of social media - "United ... Tags: Mobile & online, PaymentsGroup: Innovation in Financial Services

Steve Sprague - Invoiceware International - Marietta | 27/06/2012 | 1681 views

Argentina AFIP - eInvoicing Basics

Legal requirements for invoicing are constantly changing in Argentina. While they are mandatory for some industries, others are still receiving future timelines from the Argentinean tax authority Administración Federal de Ingresos Públicos (AFIP). Today organizations need to consider solutions for Type E export invoices, as well as th... Tags: Post-trade & opsGroup: Electronic invoicing

Gary Wright - BISS Research - London | 27/06/2012 | 2114 views

Canada produces a model financial market

TMX is a great success story in global finance today. Listening to their presentation this week and discussing the woes of today’s financial markets within the broader global economic picture it was really encouraging to hear how a modern stock exchange is able to buck the trend and be profitable and growing. Makes you wonder how this has bee...