Finextra@Sibos

The Finextra@Sibos community is open to all delegates and exhibitors at the annual financial markets conference organised by financial messaging network Swift.

Paul Penrose Head of Research at Finextra

Could IP disputes derail Sepa?

An interesting working paper from the Federal Reserve Board of Philadelphia which suggests that disputes over Intellectual Property rights pose a risk to the development of the Single Euro Payments Area (Sepa) and subsequent innovations in banking and retail payment media in Europe. The authors argue that the lack of a proper intellectual prop...

18 September 2007 /payments /retail

Paul Penrose Head of Research at Finextra

Financial Objects joins Sibos PR binge

Shares in core banking vendor Financial Objects slipped four per cent after the company reported a 21% decline in revenues from its banking division. The group has appointed a new head of banking in an effort to revive sales, but warns that it now expects to record a full year decline in revenues in the division. Financial Objects is resisting call...

06 September 2007 /payments /wholesale

Retired Member 

The longest day and Sibos approaches

It's the summer solstice in the northern hemisphere, which means that for us here in London in a few days time the nights will be drawing in - and of course it also means we're getting closer to Sibos. As you probably know, Finextra Research is SWIFT's official online news provider for Sibos 2007 in Boston, delivering that real-time news thing tha...

21 June 2007 /payments

Paul Penrose Head of Research at Finextra

Book your tickets to Boston

Registration for Swift's annual conference and exhibition, Sibos 2007, officially opens today. Taking place in Boston, US, from 1 to 5 October 2007, the theme of this year's event is 'Gaining momentum'. Interesting to see that Swift has dealt with a long-standing beef from exhibitors and provided open access to the conference sessions for all par...

19 March 2007 /payments /wholesale

Alan Jenkins Principal at Jenkins UK Limited

So it's all over

3am London time, and the final whistle has been blown in Sydney as the Exhibition closed here at noon on Friday. What of the week ? Swift goes from strength to strength, interesting that the big growth of message volumes is still in Securities. So why the emphasis on Payments (Sepa, Target 2) and Corporates this year ? I suppose that is still t...

13 October 2006 /sibos

Retired Member 

Closing Remarks

Interesting discussion with our Asian colleagues. It is evident that the nature of these markets will require a different approach. Harmonisation is not practical, but some degree of integration and therefore standardisation would be welcomed. Of perhaps even greater interest in the short term is a need for much more information sharing on the imp...

12 October 2006 /sibos

Retired Member 

Learning together

Another day - another breakfast meeting after a late night. They definitely get harder and I shall be glad of the lie in tomorrow. I have gained the feeling that many people are feelinga little more jaded this morning and the Exhibition Hall feels quiter today. But the conversations remain useful and stimulating. My initial meeting today included ...

12 October 2006 /sibos

Retired Member 

Collaboration vs Competition

Jet lag has finally receded. And I did make the boat trip last night - most enjoyable, with good company, lively discusssion and just the right amount of liquid refreshment. Work began again with a breakfast discussion on SEPA issues and related topics. Looking back over the last 2 days, the key issues appear to revolve around collaboration. It is...

11 October 2006 /sibos

Retired Member 

SEPA

Jet lag has started to kick in! Or perhaps its the number of SEPA sessions I have attend today where the same problems are being reiterated. The encouraging signs are that at least some banks have started their preparations (although only 12% of banks have allocated resources for 2007 activties) and the large banks will be ready to join the SEIFT ...

10 October 2006 /sibos

Retired Member 

Are you ready

It's the end of the first day. The key message I have heard throughout the day has been around raising our ambitions and transforming the industry. Heady stuff. But the real question is are we really ready to take up the challenges facing our industry across all sections. I have been involved with SWIFT and the payments industry for just over 10...

09 October 2006 /sibos