477 Results from 2007
Retired Member
With increased Algorithamic trading, latency is becoming such a differentiator and competitive advantage in a lot of markets, that firms are looking hard for any chance to make them a little faster than their competitors. Successful trade execution demands price discovery in milliseconds while the data still reflects the actual market. The time in...
19 November 2007 MiFID
Alan Goodrich Regional Sales Manager at ERI
Nothing too serious on a Friday afternoon, just a quick blog about one of my pet subjects (as friends of mine will be quick to testify)... "Landing on the Moon"! Did man ever really set foot on the Moon? There are many many web sites dedicated to both the hoax theorists and the believers. Just as an example, for the hoax crowd check out: ...
16 November 2007 Whatever...
Return fraud is in the news again. $3.7 billion this holiday season, according to a recent report. I talk about it because I believe that payment networks are ideally positioned to help retailers address this huge problem. Why should the networks do this? To help justify their interchange fees, of course. See the full blog post here: http://aneac...
16 November 2007 /payments SEPA and European Payments
Isn't it better to have one throat to choke? The explosions of the personal computer saw two hardware and operating system vendor models emerge. The first was the IBM compatible or “PC” camp where hardware vendors could produce components to standards and other vendors package these bits into a saleable product. With any luck the operating system ...
15 November 2007 /payments Trends in Financial Services
Elton Cane Digital product delivery at News Corp Australia
At last week’s Forum for Innovation in Financial Services, organised by Finextra, we had some excellent presentations from James Gardner at Lloyds TSB and Pol Navarro of Banco Sabadell giving insight into how these particular banks are approaching the challenge of managing a formal innovation programme. The subsequent panel discussion also involve...
15 November 2007 /retail /wholesale Innovation in Financial Services
A new report from Deloitte Research on M&A trends contains some interesting findings. Although it is based on a wide survey of active acquirers earlier this year, when deal value and volumes were still high, the report positions itself as offering advice for M&A strategy in today's uncertain economic climate. The survey looked at what per...
15 November 2007 /wholesale Finextra50 fintech index
As you may have seen, SmartStream, a leader in trade reconciliation and STP solutions for financial institutions, was acquired by DIFC Investments. Due to various confidentiality agreements, I cannot comment too much on this transaction but this was a very successful investment for us which furthermore demonstrates our strong track record in the ...
14 November 2007 Private Equity Investing in Financial Technology
Paul Penrose Head of Research at Finextra
Citibank has standardised its core banking systems worldwide on the Flexcube product from i-flex. The implementation of the product at Citi's markets and banking divisions in 67 countries is the culmination of seven years of work. Steve Randich, chief information officer, Citi markets & banking, hailed the implementation as "an unparallel...
14 November 2007 /retail /wholesale
Hi In the light of the latest Sophos research - http://www.channelregister.co.uk/2007/10/18/phishing_trends/ - about PayPal phishing attacks being on the wane. This short video may be of interest. It is produced by PayPal’s Chief Information Security Officer, Michael Barrett. He takes users through a couple examples of phishing mails advising the...
14 November 2007 /security
DIFC has added another arrow to its strategic quiver: SmartStream. The acquisition underscores once again the explosive buildup of financial infrastructure going on in the Middle East. With the continued weak dollar and high oil prices, it would seem that it is just a matter of time before DIFC or another regional financial institution makes a pl...
13 November 2007 Trends in Financial Services
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