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This is a very difficult for me to say… …we have had a really good run together…but it’s time… …it’s time we moved on…I need a break… …it’s not you, it’s me... …I have new needs… …I am no longer int...
Imagine this scenario: you represent a firm doing business in capital markets whose business model depends on innovative and agile use of technology. You are being impacted by the recent regulatory ...
The PRA has published the slides used at its industry briefings on the European Insurance and Occupational Pensions Authority (EIOPA) guidelines on preparing for Solvency II. The PRA’s expectation is...
With less than a year to go until first stage compliance, the clock is ticking. The tasks are piling up and the time is running out. Immediate Next Steps Financial institutions may believe at high lev...
Last week, the Co-Operative Bank experienced a six notch downgrade by Moody’s rating agency, based on an increased “problem loan ratio” – launching the financial world into concerns around a potentia...
What is FpML? FpML is Financial Product Markup Language; it is an attempt to have the systems of different financial institutions speak and understand a common language and communicate electronically....
The International Organisation of Securities Commissions (IOSCO) published an addendum to its May 2000 report on Investigating and Prosecuting Market Manipulation. The addendum provides reference ma...
What lies in store for corporate payments over the next ten years? The biggest evolution in the next ten years, and one that has already begun, is the move to XML. “Really, is moving to use XML such...
The Financial Stability Board (FSB) has announced that it has developed a common data template for systemically important global financial institutions (G-SIBs) to improve data to support financial st...
I was encouraged to listen to the opening address at last week’s SWIFT Business Forum London where Arun Aggarwal, Managing director, UK & Ireland for SWIFT, talked about Thinking beyond complianc...
With the multitude of regulation being debated or approved for implementation, the financial sector must navigate myriad new rules. Post-trade operations, typically an area of activity driven by the s...
During the past few months the banking sector has been under tight scrutiny due to its lack of control of IT systems. As mentioned in a previous blog, the financial industry is failing to keep up with...