Finexpo

This community space has been established to keep participants up-to-date with Finexpo conference and exhibition news, and as a forum for discussion of the key challenges facing the capital markets industry

Retired Member 

Formula for Success?

I recently attended breakfast presentation on testing and quality hosted by Logica. Nothing unusual in that you might think, but this one was as it included an interesting insight from the world of Formula One. Mark Preston – technical guru with time at Arrows, McClaren and Super Aguri - took us through what can and does go wrong in Formula One, wh...

05 May 2009 /regulation

Retired Member 

The Thundering Herd

News reaches me that banks and other financial institutions are now hiring seasoned bankers, on the grounds that these experienced resources will have the necessary gravitas and industry knowledge to run the banks of tomorrow in the way that they should probably have always been run. And this surely is a good thing. Good to see the greybeards bein...

07 April 2009 /regulation

Retired Member 

I am an Engineer!

There! I've said it. When all my school friends were planning careers as doctors, bank managers or Whitehall manadarins, I was taking televisions, radios, motors (and sometimes insects) apart to find out how they worked. Then I'd try and put them back together to see if they still worked, often without success (particularly with the insects). I qu...

13 March 2009

Retired Member 

Giant ponzi scheme uncovered

In the wake of the alleged $50bn Madoff and $8bn Stanford ponzi schemes, I have to announce that I have uncovered one that’s a tad larger. A ponzi scheme is defined as one where current withdrawals are funded by current receipts. So it would seem that the UK central and local government pension schemes with unfunded liabilities of £750bn is indeed ...

12 March 2009 /regulation

Retired Member 

Where were the shareholders?

Who’s to blame for the destruction of bank shareholder equity? Those nasty bankers, with their eye-watering bonus plans? The regulators, who didn’t spot the bubble when it was blocking out the whole sky? Those self-serving politicians who oversee the regulators and maintain the health of the economic system that the bankers feed in? What about the ...

09 March 2009 /regulation

Retired Member 

SEPA and PSD business case - there is still hope!

Highly praising the effort, achievement and activities of the EPC and banking community, I have an opinion that the decision on the part of the EC, ECB and national central banks / regulators to manage SEPA implementation and migration in the 'self-regulated' mode was a costly mistake. The criticism of the EPC and the banking community, although s...

02 January 2009 /payments /retail

Paul Penrose Head of Research at Finextra

Bad timing at the LSE

Chi-X chief Peter Randall must be having a field day. Just three weeks ago he warned that the LSE's decision to lower its pricing in advance of plans to upgrade capacity on its shiny new TradElect platform was an accident waiting to happen. Of course, it may be just coincidence that the LSE systems fell over as traders scrambled to cover their posi...

08 September 2008

Paul Penrose Head of Research at Finextra

The top ten questions for dark pool providers

Courtesy of Greenwich Associates, ten questions every institution should ask its dark pool providers: Are you a true dark pool, (i.e., completely anonymous, without any information leakage) or will information regarding my orders be conveyed to potential liquidity providers? Does your platform route orders out of your dark pool or from any other...

14 August 2008

Paul Penrose Head of Research at Finextra

Credit risk transfer: Where did it all go so wrong?

"A few fundamental tenets of sound financial judgment appear to have been violated." That's the typically understated view of the Bank for International Settlements, in its first official review of the havoc wreaked on the financial markets by wanton abuse of credit risk transfer instruments. The central bankers bank first reviewed the CR...

02 April 2008 /regulation /wholesale

Elton Cane Digital product delivery at News Corp Australia

Finexpo CTS presentations now available

Many of the 600+ delegates attending Finexpo City Technology Strategies in London last Wednesday have requested copies of particular presentations. For those speakers who did use a set of powerpoint slides and have given us permission to make them publicly available, you can now download their ppt files from the event's agenda page. The most r...

06 February 2008