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It’s been almost a decade since my last trade at the crosses desk, but still, the memories and experiences are as fresh as ever. As the adage goes: once a trader, always a trader. I do indulge in the ...
Imagine these 3 scenarios: You received an email notification that your credit card bill is ready for viewing and payment online. You don’t remember your password. Do you pay it? If so, when? Your
We all know the business drivers for re-engineering OTC derivatives operations, from the new extensive requirements for central counterparty clearing (CCP) connectivity to the changes in regulated fun...
The Global Financial Markets Association together with various associations from Australia, Canada, Japan and Korea have escalated their concerns on the European Financial Transaction Tax (FTT) to the...
The proposed Regulation SCI (Systems Compliance and Integrity) from the SEC may require further strengthening, but principles such as mandatory testing of disaster recovery procedures would ensure tha...
Are lean six sigma initiatives within financial services enough to achieve the efficiencies needed to gain and / or maintain competitive advantage in post-trade operations? Unless such an initiative i...
There’s no denying the hard work that goes into the comprehensive automation, consolidation and streamlining of reconciliation solutions. But once the resulting efficiencies have been obtained by an i...
It used to be the case that the more complex your trading infrastructure, the larger your IT team needed to be. Systems specialists, networking gurus, database administrators, telephony and IT support...
While the original MiFID contributed to a more competitive and integrated financial market in Europe resulting in higher transparency as well as better protection for investors, some market areas were...
HM Treasury have announced that it has agreed with France, Germany, Italy and Spain to develop and pilot the multilateral exchange of tax information. A wide range of financial information will be au...
Over the past 18 months or so the number of high-profile software failures in our sector have been numerous; Tokyo Stock Exchange, RBS, ICAP, BATS, Knight, LCH Clearnet to name but a few! Only last we...
We’ve all heard the joke about the tortoise who goes into the police station to report that he’s been mugged by a gang of snails. “Calm down and tell me everything,” says the policeman and the tortois...