989 Results from 2010
Retired Member
“Payments Rails" across the world were created on need basis, so specifically not considering the existing / proposed rails in parallel payment business and market. This was rational till a point where the boundaries between parallel payment methods were definable, discrete and distinguishable. Market is into a natural convergence track. Reve...
22 November 2010 /payments /wholesale Innovation in Financial Services
Brett King CEO & Founder at Moven
As of May this year, only 4% of US FDIC insured institutions in the United States had any sort of mobile play, a small subset of this group had iPhone apps, and an even smaller percentage had Android apps. We already know that mobile Internet based banking is the fastest growing interaction channel for banks today, so this level of commitment by t...
19 November 2010 /retail Innovation in Financial Services
Paul Blank e-Trading Solutions at TradAir
The "Global FX Division" of AFME, SIFMA and ASIFMA (three global FX Trade bodies) have written to the US Treasury setting out clearly, why FX Swaps and Forwards should be exempt from Dodd Frank legislation (full letter here) "warned that pushing currency swaps and forwards onto exchange-type trading systems would be unnecessary, of...
19 November 2010
Gary Wright Analyst at BISS Research
What great news that FPL has put their hat in the ring to bring the consolidated tape to market. They had such terriffic success with establishing FIX and are one of the few organisations that has acheived notable success in the securities industry over the last decade and more. Its vitally important for the global securities industry that the des...
18 November 2010
Ovum’s recent report, ‘A Change for Good in Core Banking Systems’, is an interesting read. It suggests that banks’ core systems will assume greater prominence from 2010 as they continue to adjust to the altered competitive landscape and a revised set of priorities. For me, this report hits the nail on the head, particularly given the new entrants ...
Following my last post in relation to the G20 summit in Seoul, I wanted to share some further thoughts, as it is clear that because of the diverse economic and regulatory environments in the G20, there is no “one size fits all” guideline for institutions trying to comply with Basel III. It is clear that many of the G20 countries will not wait fo
18 November 2010 /regulation
Whenever a new technology hype cycle starts, there is a stampede of major vendors all vying to be seen as the “hype leader”. The latest hype cycle to affect the IT industry is cloud based computing. Article after article hails the cloud as a new phenomenon. In the more restrained world of the SWIFT Service Bureau, things are more serious – especi...
18 November 2010 /payments SWIFT Matters
I have had a busy summer as having moved to the New York area with my family. Whilst we had to do a lot of preparation with going to the US embassy etc for visas, the move finally became "real" for me when all of the furniture in our house was removed for shipping to the US, and we ended up effectively camping in our own home for a few w...
18 November 2010 /payments /regulation Data Management 101
Uri Rivner CEO and Co-Founder at Refine Intelligence
Two years ago I wrote about Curse of the Were-Laptop, which highlighted the fact PCs are used for both personal use and work; your employees can get themselves infected outside the corporate firewall, and then just but bring the problem into the office. The good news, I said, is that it would take a while for the fraudsters to realize they’re sitt...
18 November 2010 /security Innovation in Financial Services
Richard Chapman Head of Strategy at SunGard
“Go and tidy your room or you won’t get any dessert!” I droop my shoulders and trudge off upstairs to set about the gargantuan task of bedroom tidying. It’s going to be tough. Its one thing to take the mess on the floor and across all available surfaces, but what on earth am I to do with it? For a start, not only will I need to rationalize all of ...
18 November 2010 /regulation Financial Risk Management
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