Olivier Berthier
Accolade: Blog group founder

Olivier Berthier

CEO at Moneythor
Message Message me Posts: 16 Comments: 6
Bio Olivier is the Founder and CEO of Moneythor, a financial technology company operating an online personal finance service and developing banking software components designed to help consumers monitor and improve their financial performance straight into their existing online banking services. Oliv Career History Olivier was previously Global Solutions Director, Transaction Banking at Misys where his role was to manage the strategic direction and the successful roll-out of Misys portfolio of front-to-back products in the Financial Supply Chain, Payments, Messaging and e-banking space. Before that, he was

Blogs

Digital Banking Trends

Cracking Personalisation in Digital Banking

24 Oct 2019

When done correctly, personalisation in digital banking can increase customer engagement, reduce support costs and drive revenue. Technologies like AI and advanced data analytics are making personalisation possible and financial institutions around the world are putting their best foot forward as they implement personalisation strategies. While ...

Online Banking

Digital banking engagement: where are the metrics?

17 Sep 2018

As banks are busy digitalizing every corner of their firms to prepare for the "Fourth Industrial Revolution", many seem to be missing a key complement to their digital adoption strategy which is digital engagement. According to RFi Group, true digital maturity is not just about technology, rather it is about having meaningful criteria to...

Online Banking

Personalization comes to digital banking

21 Jan 2014

A personalized customer experience has been a de-facto feature of online services and particularly e-commerce for years. Pioneered by the likes of Amazon and their mining of data to create a truly curated experience, consumers have grown to expect tailor-made services from all their online providers. However, when it comes to banking, little perso...

2

Online Banking

Mobile vs. desktop-based online banking

15 Jul 2013

In an era of mobile first, when any software product manager is chastised for not putting mobile front and center in any roadmap, and when online giants like Facebook pivot to mobile in a big way (or at least try to), it is worth wondering if the desktop and laptop are still important or even relevant in consuming online banking services. By the l...

1

Olivier is Commenting on

Is Basel III bad for finance?

  And then there is also the likely negative impact of Basel III on trade finance... As it stands today, and as been reported like never before, from the G20 to national banking associations, Basel III advocates increased regulation and further constraints on trade finance instruments to meet its admirable objective of tackling excessive leveraging.  Lower-risk traditional instruments, such as Letters of Credit (despite their short-term nature) are included in this treatment because, among other things, of the rigidity of its one-year maturity floor on all lending facilities. Trade finance would suffer under the proposed Basel III recommendations by bearing a flat 100% credit conversion factor because of the off-balance sheet treatment. There are ways to circumvent this with the Advanced Internal Ratings approach, but this arguably is only really possible for the larger banks as it requires extra effort and resources for retrieving the in-depth historic data needed for reporting.  For most of the regional and local banks, such Basel III proposals would result in a poorer situation for the majority of banks than under Basel II – and indeed it will be significantly worse than Basel I’s 20% credit conversion factor for trade finance. We cannot and must not let Basel III be even worse for trade finance than its predecessors. Now, if we trust the final line of a recent press release from the Bank of International Settlements indicating that "as requested by the G20 Leaders, the Committee will also evaluate the impact of the regulatory regime on trade finance in the context of low income countries", there might be hopes that we will end up with fair treatment in the final version of the revised rules so that the trade finance industry and therefore global trade will not suffer. Fingers crossed.