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Gary Wright

Archive for: November, 2012

Gary Wright - BISS Research - London | 29/11/2012 | 2108 views

The future of FIX

FIX has become the major messaging protocol in global financial markets and has arguably been the single most influential technical development in financial markets in the last twenty years. To a large degree it has long met its original objectives but there is still much that can be achieved so the future of FIX perhaps needs to be redefined. Jus...

Gary Wright - BISS Research - London | 26/11/2012 | 1769 views | 3 comments

The Greatest Project of

Lunching with Iain Saville last week it brought back many memories of yesteryear, when the UK securities markets was reeling from the disaster that was the Taurus project. For those too young to know or with short memories of the horror of the TAURUS project - TAURUS being the code name for a system to bring settlement efficiencies into the UK ma...

Gary Wright - BISS Research - London | 20/11/2012 | 2254 views

Business Potential of Social Networks in Finance Services

I have been thinking a lot recently about networks and the sheer frustration and costs that abound in financial markets because the current market structures simply don’t work on any satisfactory level and are fraught with legacy technology, thinking and protective, vested interests. I have raised the question of why SWIFT is never challenged...

Gary Wright - BISS Research - London | 16/11/2012 | 2532 views | 2 comments

The Cost of FX in T plus 2

T+2 settlement looks like it’s on its way to a market near you in the next few years and although I accept that in many markets its not much of a problem in some financial instruments in domestic markets, the problems intensify considerably for cross-border investing. It’s not really a Eurozone issue, as we all know that London is the ... Tags: Trade execution, Risk & regulation

Gary Wright - BISS Research - London | 13/11/2012 | 3433 views | 11 comments

A business case for SWIFT

For many years I have been totally focused on message standards as one of the main drivers for financial services efficiencies that benefit investors and society in general. For this reason when SWIFT opened up to the securities markets all those decades ago it was an obvious decision to utilise the incumbent network in the international financial ...