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Gary Wright

Archive for: April, 2008

Gary Wright - BISS Research - London | 30/04/2008 | 4361 views

SEPA XML formats concern European Corporates

I have written evidence that some of Europe's largest Corporates have expressed a number of serious issues to the EPC where SEPA is failing and in danger of deteriorating to a simple Bank to Bank system. But a picture has been presented in the media that SEPA is on course to achieving its end objectives at some stage in the future; however, the... Tags: Payments, Retail bankingGroup: SEPA and European Payments

Gary Wright - BISS Research - London | 30/04/2008 | 3824 views

Green confirmations get closer!

The announcement that OMGEO is leading the way to finally eliminate paper confirmations as a regulatory requirement can only be welcomed by all in the securities industry. The explosion of electronic trading and the fact that nearly all investors either private or corporate have access to the web, must make this ridiculous rule outdated, being left... Tags: Dealing rooms, Post-trade & opsGroup: MiFID

Gary Wright - BISS Research - London | 30/04/2008 | 5847 views

DTCC and LCH Clearnet merger

The speculation that DTCC are in talks with LCH Clearnet, with a merger as a possible result must be music to the ears of everyone in the securities market. The consolidation of Clearing on this scale will be creating a mammoth opportunity for the markets to finally start the walk towards industry wide STP in the international cross border business... Tags: Dealing rooms, Risk & regulationGroup: Operational Risk Management

Gary Wright - BISS Research - London | 29/04/2008 | 2824 views

When will we know SEPA is working?

Now this might be a really dumb question but I ask it in response to Chris Skinner's blog published on the SWIFT Community website. According to Chris, SEPA is working and he substantiates his claim by announcing various polling scores from an American audience at a recent conference. I am not sure how much relevance any poll on SEPA in the USA... Tags: Payments, Retail bankingGroup: SEPA and European Payments

Gary Wright - BISS Research - London | 24/04/2008 | 2406 views | 2 comments

Has SEPA failed?

We are already a third of the way through the SEPA year and its time to review where the industry is with this project? The feedback I have had from a number of corporates across the EU is that SEPA has still to make any significant impact on them. Many banks also appear reluctant to give SEPA the major thumbs up so far. So what's going wrong?I... Tags: Payments, Retail bankingGroup: SEPA and European Payments