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Gary Wright

Archive for: October, 2008

Gary Wright - BISS Research - London | 31/10/2008 | 3088 views

Business Integrity

The financial services industry has been taking a bit of battering over the last few years with executives of leading institutions behaving in a way that goes way beyond greed and moral responsibility. The actions of the few have tainted the majority of people who work in financial services that operate with a high degree of ethics and work hard to... Tags: Dealing rooms, Wholesale bankingGroup: EBAday

Gary Wright - BISS Research - London | 30/10/2008 | 2687 views

Censorship and the Brand-Ross debate

As a regular writer of articles and of course blogs, the issue of publishing material that is never overtly offensive, is of course always uppermost in mind. There should always be self discipline in evidence and not a reliance on the media outlet to take any preventative action. If anything which is deemed in extremely bad taste or tests the legal... Tags: Cards, Dealing roomsGroup: Operational Risk Management

Gary Wright - BISS Research - London | 30/10/2008 | 3005 views

Oil companies sit and fiddle whilst the global economy burns

The announcement that BP's third quarter profits have exceeded £6billion has to be a worry for governments and just about everyone on the planet. In these times of economic worry and with the financial markets in turmoil such figures have to be embarrassment for the board of BP. In turn all the other oil companies are likely to show similar i... Tags: Dealing rooms, Retail bankingGroup: MiFID

Gary Wright - BISS Research - London | 29/10/2008 | 3061 views | 1 comment

Risk Management; a whole new ball game

We all thought we knew everything about risk and wow has that assumption been shot to pieces in the credit crunch. Virtually every bank in the world has spent an incalculable amount of money on their risk systems but when it came to the crunch they were proved to be almost worthless. It makes you wonder how could we have got this so wrong and how ... Tags: Trade execution, Retail bankingGroup: MiFID

Gary Wright - BISS Research - London | 24/10/2008 | 3356 views

Cross border settlement costs coming down

After my recent blog and article commenting on the excellent progress at EMXCo in the drive to STP in the unitised funds space, the latest news that Euroclear's FundSettle has built an automated link to the EMXCo message system has to be a whopping leap forward for cross border STP. Of course this is an in-house Euroclear initiative but the result... Tags: Dealing rooms, Post-trade & opsGroup: Data Management 101