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Archive for: October, 2008

Gary Wright - BISS Research - London | 30/10/2008 | 3009 views

Oil companies sit and fiddle whilst the global economy burns

The announcement that BP's third quarter profits have exceeded £6billion has to be a worry for governments and just about everyone on the planet. In these times of economic worry and with the financial markets in turmoil such figures have to be embarrassment for the board of BP. In turn all the other oil companies are likely to show similar i... Tags: Dealing rooms, Retail banking

Gary Wright - BISS Research - London | 29/10/2008 | 3063 views | 1 comment

Risk Management; a whole new ball game

We all thought we knew everything about risk and wow has that assumption been shot to pieces in the credit crunch. Virtually every bank in the world has spent an incalculable amount of money on their risk systems but when it came to the crunch they were proved to be almost worthless. It makes you wonder how could we have got this so wrong and how ... Tags: Trade execution, Retail banking

Gary Wright - BISS Research - London | 22/10/2008 | 4042 views | 1 comment

Can the new trading venues survive?

I was interested to see that Chi-X have announced good profits and this set me thinking about how they will fare in the next year, as all the other new trading venues come in. So far Chi-X has had it their own way so far but surely times will become tougher with greater competition. Virtually all MTFs offer broadly similar services and all tend to... Tags: Dealing rooms, Trade execution

Gary Wright - BISS Research - London | 17/10/2008 | 2453 views

SEPA Credit Transfers; a over hype phoney project

Despite what hype there has been in the media and all the pundits jumping up and down shouting Eureka the SEPA project to date is just a damp squib. SIBOS this year had many vendors ringing their hands in frustration at the lack of SEPA system sales whilst others secretly patted themselves on the back as their smoke and mirrors system gathered dust... Tags: Cards, Online banking

Gary Wright - BISS Research - London | 13/10/2008 | 2330 views

Islamic banking Tunis the next Dubai?

During the course of my visit to Tunis whilst undertaking a corporate actions benchmarking project, I became engrossed with the effort by the Tunisian government to create a significant new financial centre, bridging the gap between the Far East and the West. The investment in the region is clearly growing and the moderate nature of the government ... Tags: Cards, Post-trade & ops