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Last week saw the second R3 smart contract template contract summit, following on from June’s summit and Barclays demonstration at the London O2 in April. Dr. Lee Braine from Barclays stated in Apri...
The management, retention and reporting of huge data volumes is so onerous that many financial services firms are missing out on the value of this data; they are awash in a sea of data with nothing to...
Cloud adoption in capital markets is gathering momentum, led by the increasing acceptance of the cloud by regulators as well as cost cutting at financial services organizations. Indeed, regulators the...
Achieving digital transformation becomes more complicated in large banks which are siloed in nature, have evolved and grown through acquisitions and have many legacy systems – or IT spaghetti. Mainten...
The Commodities Futures Trading Commission (CFTC) recently finalized a set of cyber security rules, designed to help safeguard its systems from breaches; but worries about hacking and possible terrori...
Fitting the blockchain piece into an organization’s technology puzzle is going to require both business and technology transformation. Key to any such transformation is going to be in understanding th...
This year’s FIA IDX International Derivative Expo kicked off with a pointed note of caution to regulators from FIA’s president and CEO Walt Lukken. He said that the industry is facing some real challe...
Under Starter’s Orders: Market Abuse Regulation We are almost under starter’s orders for compliance with the new market abuse regulation (MAR), which comes into force in Europe on July 3rd. Enhancemen...
My previous blog about smart contracts highlighted how they could create efficiencies in trade affirmation/confirmation and throughout the trade lifecycle. However, there are still many open question...
As blockchain, a distributed ledger technology, makes regular headlines it is becoming clear that many discussions on its use in financial services center around so-called smart contracts. Barclays re...
In follow up to my recent blog post about market abuse and banking culture, it’s worth noting that the new Senior Managers Regime (SMR), designed to improve individual accountability in the banking a...
This year financial technology— fintech— firms will begin to target and invade big investment banks’ business models; taking on things like wealth management, private investment and small business len...