Profile

Location

Stockholm, Sweden

Member since

2015

Writes about

Wholesale banking

Roger Storm

Chief Executive Officer at Euroclear Sweden

Message Posts: 0 Comments: 9

Bio With a long career in finance, I bring strategic perspective, seasoned leadership, and balanced business progress. I have been driving and engaged in international financial business management, strategic reorientations, M&A, regulatory initiatives, risk management of systemically important entities, business development and a range of leadership challanges over the years. I am multilingual (Swedish, English, German, French and Dutch) and come with an extensive academic record (e.g. MBA, CFA, and B.Sc. in Business Administration & Economics/Econometrics).

Roger is Commenting on

Brexit: Over-cooked, over-done and perhaps not the main course

Good write-up. Relicensing could be added .. as it is likely to be on the critical time-line, and must be initiated despite the uncertainty (and faint hopes) the costs and manouevers involved will not be needed (in case of a transition agreeement).

13 Feb 2018 Reply Read article

UK sets out open banking API framework

This must be the way to go, now that PSD2 is here. Have a bank common standard (e g ISO 20022 based) interface, and central testing framework for TPPs and PSPs, to minimise work for all. There needs to be a clear framework as well for what consent the data owner (account holder) must give, and how that is handled, in addition to a clear delineation of the steps by which increasing amounts of data is shared, i.e. only balance on account, reserving amounts in case of delayed booking, selected transaction history, CT initiation for predefined amount to select beneficiaries, approval of beneficiaries, etc.. A similar continental European initiative ought to be launched.

17 Feb 2016 Reply Read article

Fintech rising: Resistance is futile, says UBS CIO

After spending two days in London with the L39 people, meeting a few start-up banks and founders of a series of FinTechs as well as the UK T&I people I am amazed at the speed, available funding and commitment of the people engaged. More and more players in banking, insurance, brokerage, clearing and settlement infrastructures are realizing that the Future Bank is being recreated here and now. UBS is one of the foresightful ones.

05 Feb 2016 Reply Read article

Younger, higher income consumers drifting away from banks - EY

A generation gap obviously, but it will narrow as older generations acquire the new skills. Scandinavia is shifting fast to more mobile and online transactions - and payment habits follow. Adoption of efficient apps for various mobile devices, with trusted security, is spreading into higher age groups. Banks save on high-street brick-and-mortar branches, paper payments (cheques are long since scrapped, and paper invoicing in steady decline), clients are relieved of internet banking sessions and ATM visits. And what's more: the overall cash flow turnaround is improved. The best banks adapt.

04 Jan 2016 Reply Read article