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Operational Risk Management

Archive for: September, 2008

Roy McPherson - Macroy Consulting - London | 29/09/2008 | 3642 views | 3 comments

Those of a certain age will recognise those words as the chorus to an awful song about disappearing rubber plants; don't ask. But, what on earth is happening in the financial community, whoops there goes another bank; has there ever been a precedent? I suspect not, we've seen individual banks go the wall before but I don't recall so many having the... Tags: Risk & regulation

John Cant - MPI Europe Ltd - London | 29/09/2008 | 3878 views

Integration skills now key to future banking success

As we can see from this news on JP Morgan's takeover of WaMu, hardly a day has gone by over recent weeks without a new banking takeover being announced. The ability of the acquiring banks to merge, integrate and leverage their new purchases has now become strategic to their future success. Even if they have made their purchase at a heavily discount... Tags: Risk & regulation, Retail banking

Richard Barr - Citadel Advantage Ltd. - Shoham | 29/09/2008 | 3626 views | 2 comments

Who is to blame for the current financial markets crisis

Who’s to blame for the current financial markets crisis? The simple answer is everybody! That out of the way, onto my rant.. When Mortgage Brokers and Bankers are pushing home loans like too much candy at the county fair, what can we expect but an upset stomach the next day? Worse, we see the sickness but continue in order to feed the gods ... Tags: Risk & regulation

Roy McPherson - Macroy Consulting - London | 25/09/2008 | 3541 views

Sibos - Liquidity Management

If like me you attended the Sibos Vienna Conference your liver will by now be just about moving along the path to recovery, and in the meantime I have the opportunity to reflect on a very hectic week. I went to the conference with an open mind, ready for discussion, full of anticipation, but with market events over the weekend when Sibos opened ... Tags: Payments, Risk & regulation

Colin Day - SunGard - London | 18/09/2008 | 2965 views | 1 comment

We live in exception'al' times

Exceptions are the curse of the payments industry; They are the riskThey are the costThey are the operational inefficiency As an industry we need to apply the same level of technology to the exceptional payment as we have to those that flow straight through our processing infrastructures.Having just come from the sibos session 'Implementing SWIF Tags: Payments, Sibos