Navjeet

18/09/2008 | 2954 views | 1 comment
One Laptop per Child scheme at Sibos

One of the highlights of Sibos in Boston last year was the breakfast speech given by Nicholas Negroponte, founder and chairman of the One Laptop per Child non-profit association. Swift says Negroponte's presentation last year "triggered a lot of enthusiasm and emotion in the industry" and so the OL...
Tags: Retail bankingGroup: Finextra@Sibos

18/09/2008 | 2512 views
Banking fall out prompts Thomson Reuters hiring freeze

Amid serious concerns that the escalating banking crisis will result in a major loss of sales, Thomson Reuters has instigated a recruitment freeze at its financial markets and technology unit. According to an internal memo seen by the Wall Street Journal the vendor has halted external recruitment f...
Tags: Wholesale bankingGroup: Finextra@Sibos

15/09/2008 | 2612 views | 1 comment
Calls for Swift to tap Web 2.0

In a lively conference session on the opening morning of Sibos 2008, Till Guldimann, vice chairman of SunGard, told delegates that the increasing use of Web 2.0 technology was "a wake up call for Swift".Guldimann put forward a proposal that would see the interbank network use Web 2.0 technologies to...
Tags: Retail banking, Wholesale bankingGroup: Finextra@Sibos

12/09/2008 | 1937 views
The downside of automated trading

The publishing of an old article about a 2002 bankruptcy-court filing by United Airlines (UAL) on Google news on Monday has highlighted the downside of using automated and algorithmic trading applications to execute orders. It still remains unclear how the six-year old report of UAL's 2002 bankrupt...
Tags: Dealing rooms, Wholesale banking

02/09/2008 | 1954 views | 1 comment
Bloomberg accidentally releases Steve Jobs obituary

An obituary of Apple chief executive Steve Jobs - who is still alive - hit the Internet last week after someone at Bloomberg hit the wrong button and acccidentally released it to subscribers. It is not unusual for news organisations to prepare obituaries for high-profile figures before they actuall...
Tags: Retail banking, Wholesale banking

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