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Elton Cane

Archive for: August, 2008
Elton Canewriter & tech geek - Brisbane

Conflicting views on software and IT services spend

20 August 2008  |  7074 views  |  0 comments | recommendations Recommends 0

Further to my recent post -- It's not all doom and gloom for financial technology -- I've been reading a few predictions for IT spending in 2009. Some choose to focus on the positive -- for e.g. spending on risk management systems is growing. While others look at the state of software and IT services more broadly, and are much more pessimistic....

TagsRetail bankingWholesale bankingGroupFinextra50 fintech index
Elton Canewriter & tech geek - Brisbane

Swift: New numbers and update on initiatives

20 August 2008  |  3641 views  |  0 comments | recommendations Recommends 0

At Swift's pre-Sibos press briefing yesterday the usual group of trade press assembled to hear about Swift's plans for this year's Sibos event in Vienna. Along with the usual talk about "strategy" and "community", a few figures stood out: Over 6,300 people are registered so far for this year's Sibos, with 18% from the UK and 1

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Elton Cane
Elton Canewriter & tech geek - Brisbane

More details on NAB core banking replacement

14 August 2008  |  5105 views  |  0 comments | recommendations Recommends 0

After news earlier this month that National Australia Bank had recruited Oracle to manage the roll out of the first phase of a A$1 billion overhaul of its core banking operations, it's not surprising ...

TagsRetail bankingWholesale bankingGroupAsia Financial Services
Elton Cane
Elton Canewriter & tech geek - Brisbane

How much does it cost to build a pan-European dark pool?

12 August 2008  |  4347 views  |  0 comments | recommendations Recommends 1

Well, if you're Nyfix, the answer is $8.7 million and counting (with a further $2m-$2.5m next quarter). It's hard to tell with just a few minutes of web research whether this represents good value or ...

TagsTrade executionGroupMiFID
Elton Cane
Elton Canewriter & tech geek - Brisbane

Plenty of cards in China - but very few being used

08 August 2008  |  4605 views  |  2 comments | recommendations Recommends 0

According to ChinaDaily, as of the end of last year, lenders in China had issued 1.5 billion bank cards, including debit cards, credit cards and quasi-credit cards. Of the huge sum, active cards, whi...

TagsPaymentsRetail bankingGroupAsia Financial Services
Elton Cane
Elton Canewriter & tech geek - Brisbane

The great ACH sell-off

08 August 2008  |  5333 views  |  0 comments | recommendations Recommends 0

With Sepa opening up choice of clearing infrastructure for banks in the euro-zone, many banks no longer see ownership of their national domestic infrastructures as necessary. Italy's SIA-SSB has appoi...

TagsPaymentsWholesale bankingGroupSEPA and European Payments
Elton Cane
Elton Canewriter & tech geek - Brisbane

Culture of responsibility

05 August 2008  |  3365 views  |  0 comments | recommendations Recommends 0

Japanese business culture is big on individuals stepping up to take responsibility for mistakes that have resulted in their organisation losing face. TSE executives taking a salary cut over the latest...

TagsTrade executionGroupAsia Financial Services
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