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Gary Wright

Archive for: July, 2012

Gary Wright - BISS Research - London | 17/07/2012 | 2656 views

Identity management the key to linking operations

Historically banks have built business and operations in silos, and over decades, despite numerous mergers and purchases creating the proverbial one stop shop, the typical bank still maintains a vertical business and operation model. This was not the plan but it’s the one that has been allowed to exist. Nowadays, the problems of banking silo... Tags: Payments, Risk & regulationGroup: Post-Trade Forum

Gary Wright - BISS Research - London | 13/07/2012 | 2223 views

Responsibility and accountability of the LIBOR scandal

At a meeting of City friends I was intrigued by the discussion concerning responsibility and accountability in financial services today. Bearing in mind the age range within the discussion and our vastly different backgrounds it was fascinating that we all arrived at a consensus and a definition of responsibility and accountability. In my mind res...

Gary Wright - BISS Research - London | 11/07/2012 | 1457 views

Goose for gander phone recording

Last year in the UK, it was made mandatory that all telephone and other mobile devices used by employees trading or offering advisory services in regulated financial services firms, had to be recorded. The technology exists to do this relatively easily and is commonly used by many customer service centres globally outside of financial services to a...

Gary Wright - BISS Research - London | 06/07/2012 | 1796 views

The recalibration of debt

The sovereign debt crisis in Europe rolls on with seemingly no political will to make the tough decisions required to produce a long term solution, pouring more money into black hole economies to buy time looks like the only plan to keep the Eurozone above water. However, sooner or later these short measures will fail and we will see the Eurozone d...

Gary Wright - BISS Research - London | 06/07/2012 | 2824 views | 2 comments

In defence of Banks

It’s a popular pastime today to throw stones at banks and vilify bankers, which is quite understandable given their pivotal role in bringing down the lifestyles of the world population. We are all questioning financial services and how it can be so rotten and be run by such greedy and morally decadent people. Should we be so sanctimonious tho...