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Gary Wright

Archive for: November, 2008

Gary Wright - BISS Research - London | 19/11/2008 | 3080 views

It's been over twenty years since "Big Bang" in the UK where single capacity business was abolished in favour of duel capacity. Single capacity was where brokers could only deal on behalf of clients earning commission and duel capacity is where brokers can deal for clients but also themselves. The fear was always that brokers could be compromising... Tags: Online banking, Wholesale bankingGroup: SEPA and European Payments

Gary Wright - BISS Research - London | 19/11/2008 | 2170 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 bankingGroup: MiFID

Gary Wright - BISS Research - London | 18/11/2008 | 2906 views | 4 comments

Cut up your credit cards

As the world moves to 0% interest rates and credit card companies hiking up their rates it makes no sense for anyone to keep their cards. Simply arrange a long term loan at the bank at an attractive rate and pay off all cards. Do not be tempted to use your card until your credit card company offers you a realistic and attractive offer. In this cli... Tags: Cards, Online bankingGroup: EBAday

Gary Wright - BISS Research - London | 14/11/2008 | 2638 views

Data Integration a way towards consolidation and reduction

At the FIMA conference this week in London, where I was speaking and chairing an afternoon session, the issue of Data Integration was debated, pulled apart and assessed by a whole range of expert people representing all links in the industry data chain. After two arduous days the results were disappointing. Everyone agrees that there is a ‘ma... Tags: Risk & regulation, Post-trade & opsGroup: Data Management 101

Gary Wright - BISS Research - London | 12/11/2008 | 2046 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 bankingGroup: MiFID