Instigate change. Start a new collaborative Blog Group

Create group
Blogs
Retired Member

Happy birthday, euro.

In a few hours time the euro will be ten years old and, despite the many forecasts of its demise along the way, the currency is beginning to fulfil its promise. Not only has it contributed to economic...

31 Dec 2008
Sriram Natarajan

Sock it to me!

Well, with so many billions washed out in 2008, it looks like banks don't think a billion is too much! See this hilarious news item - http://news.bbc.co.uk/1/hi/scotland/glasgow_and_west/7804876.stm W...

31 Dec 2008
Bo Harald

Identity 2.0

Identity 2.0 presentation. Fascinating style - useful content indeed. We need to address both sides of the coin: 1. the tool, 2. the process how this is attached - when we talk about coming federated ...

29 Dec 2008
Stanley Epstein

The financial crisis and operational risk management

As a committed operational risk professional, I cannot help but stare in amazement amidst all the financial ruin and desolation that surrounds us. There has been a lot of hand-wringing and pronounceme...

29 Dec 2008
Innovation in Financial Services
Elton Cane

World Bank bans Satyam for 8 years over lax ethics, security

Fox News has been dogged in its pursuit of scandals going on at the World Bank, including the hacking cases we wrote about in October. To add to Satyam's recent woes, they have now confirmed that Sat...

23 Dec 2008
Information Security
Retired Member

Crisis: traditional thinking in rewards programs is useless

Banks have already substantially cut credit limits and it seems obvious that they should be giving out fewer cards than in the past, but you can’t really tell this with all the credit card marketing

22 Dec 2008
Retired Member

2009 - is that the year we all went online?

So ... I have been saying for a long time that the primary cause of plastic card transaction fraud is the idiot policies adopted by the issuing banks - I know how to win friends and influence people

22 Dec 2008
Iosif Itkin

Random thoughts about a recent computer glitch that hit TSX

Most financial systems are designed to handle outages in one or another way. However, even if redundancy is incorporated into the system’s architecture it is not uncommon to see that insufficient atte...

22 Dec 2008
Banking Architecture
Iosif Itkin

Crisis exposes banks' weaknesses towards ERM vendors

Comparing Ernst & Young figures against PRMIA Global Risk Survey results (http://www.prmia.org/globaleventseries/news/20080618.html) Ernst & Young Enterprise-wide risk-reporting process is in ...

19 Dec 2008
Elton Cane

Post-mortem of a market closure: When the chips are down

Quite often when an exchange has to close due to technical problems, the detail of what exactly happened is kept hushed up (e.g. LSE TradElect glitch in September). But TMX CEO Thomas Kloet has been ...

19 Dec 2008
Paul Penrose

If it looks too good to be true, it probably is

Henry Blodget, the former star techstock analyst who knows a thing or two about investment fraud, posts an interesting insight to the Madoff affair on his Clusterstock blog. "Specifically, we're...

19 Dec 2008
Roger Elwell

1970's Revisited

The twenty-teenies look to me as if they'll be a replay of the 1970's, here in the UK. No, I don't mean loon pants, two-tones, bad hairdos, glam-rock and tank-tops (but you never know...). No, I mean...

19 Dec 2008
Transaction Banking