Finextra community home

Gary Wright

Archive for: October, 2011

Gary Wright - BISS Research - London | 24/10/2011 | 2606 views

Things to come

The MiFID review as expected is going to clobber the existing market causing massive changes in the execution and post execution of trades. Many people outside of trading will be very worried about the long term impacts on their business. While investors should be feeling a warm glow, as they will be finally be sure of getting a good deal. Attacks... Tags: Post-trade & ops, SibosGroup: Post-Trade Forum

Gary Wright - BISS Research - London | 20/10/2011 | 2692 views

Now is the winter of our discontent

This October, it’s 25 years since ‘Big Bang’ and with the current global financial and economic disaster inflicting everyone on the planet and protests against capitalism worldwide, a reflection on the last 25 years is called for. There has been many market and economic downturns over the past 25 years. They are a regular occurren... Tags: Dealing rooms, Trade executionGroup: Post-Trade Forum

Gary Wright - BISS Research - London | 19/10/2011 | 3146 views | 1 comment

Outsourcing:The loss of knowledge

The last Post-Trade Forum debate was all about the pros and cons of outsourcing v internalisation. A cross industry panel of outsourcing experts debated with an audience of equal experts and thrashed the topic to arrive at some really interesting conclusions and observations. Not least was operational memory loss. This knowledge can be expensive to... Tags: Risk & regulation, Post-trade & opsGroup: Post-Trade Forum

Gary Wright - BISS Research - London | 14/10/2011 | 2237 views | 1 comment

Data: the need to take out the cost

According to the latest research over half of the world’s population is now connected by the Internet. Most of this connectivity has been achieved within the last decade with the remainder of the modern world likely to have some form of connection within the next decade. This is an almost unimaginable result and sets a base level to which bus... Tags: Dealing rooms, Post-trade & opsGroup: Post-Trade Forum

Gary Wright - BISS Research - London | 07/10/2011 | 3435 views

Risks at UBS: Is it a honour story?

It's a fact that risk systems are only as good as the people that monitor them. This has to be a board level down responsibility and it's good that UBS has received the resignations of two top managers. However, the breakdown has to be far deeper and it's hoped UBS will not only punish those caught up in the fraud but come clean on how they managed... Tags: Cards, Online bankingGroup: Post-Trade Forum