01 April 2015

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Snapchat posts sees RBS investment bank head ousted

31 March 2015  | 1 comments | 7 tweets | 3 linkedin

Rory Cullinan has resigned as head of RBS' investment bank after a series of messages he posted on social media app Snapchat were published in the Sun newspaper in the UK, according to the FT.

Man drawing Graph on Glass wall 1

UK banks' IT spending to increase - CBI/PwC Report

30 March 2015  | 0 comments | 14 tweets | 11 linkedin

UK banks’ spending priorities for the next year are focused on improving IT infrastructure and cyber security, according to a report from the CBI and PwC, which also finds a focus on building new digital platforms to remain competitive and respond to changing customer needs.

Challenger banks will feature heavily in the upcoming Swift Business Forum in London. Craig Donaldson, CEO at Metro Bank UK, is joined by keynote speaker Sir David Clementi, ex-deputy governor of the Bank of England and chairman of Virgin Money.

Robert Sams, Clearmatics

Future Money Focus: Robert Sams, Clearmatics

19 March 2015  | 0 comments | 6 tweets | 1 linkedin

An ex-hedge fund manager who spent a decade trading interest rate derivatives is now jumping headfirst into the world of the blockchain with his newest venture, Clearmatics, a clearing and settlement technology for financial OTC markets based on a distributed ledger.

At least 67% of bank IT budgets are still being spent on maintenance and compliance rather than transformative projects that can create value, according to research conducted by Finextra on behalf of CSC.

chess

Temenos moves into fund admin with Multifonds acquisition

04 March 2015  | 0 comments | 2 tweets | 8 linkedin

Core banking vendor Temenos is to move into the fast-growing funds admin business with a EUR235 million acquisition of Luxembourg-based Multifonds

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