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A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.
Improving post-trade processing capabilities is imperative when more than 50 per cent of a client’s workload can be spent dealing with terminations, novations and amendments – let alone getting in pla...
If the Government is going to spray £75 billion quids' worth of petrol on the embers of the economy, they could at least do it in a way that stands the best chance of achieving something. Here's an i...
There have been calls this month from the European Union for the creation of a pan-European regulatory body to help solve the current financial crisis and prevent future issues. This is a deceptively ...
Do you watch House, the US medical drama series? In it, the team, ably led by the wonderfully acerbic Hugh Laurie as the eponymous head doctor in the Department of Diagnostic Medicine, solve puzzling...
In an FT article a few days back, Jay Hooley of State Street raised some concerns around the impact of OTC volumes on legacy systems. In my experience many firms today have developed limited capabil...
I wrote a cheque the other day. Only a small one; it was a present to a relative. A not very imaginative present, yes, but there you go. It got me thinking, though. If cheques disappeared, how woul...
We’ve heard much about how bankers have been rewarded too much for doing too little. And we’ve mainly heard it from politicians. So, now I’m going to give the bankers a break. As long as I can remembe...
When did Banks get too Big? Banks used to be small. Then that all changed. Banks bought each other. Banks got bigger and fewer. The only real kind of bank was one that was global, and carried out ever...
Interesting comment reported on the BBC website this morning. Gary Hoffman is quoted as saying (about the resumption of lending): "We can now return to what we do well - mortgage lending." ...
The recent discussion about the virtues of a re-introduction of Glass-Steagall may have taken a wrong turn. Glass-Steagall was introduced to physically separate lending from securities underwriting an...
A new challenger to Western Union recently emerged in the money transfer area. The WooGroup, based in Paris, was recently listed on the Paris stock exchange (Nyse Euronext, ticker MLWOO). After a some...
“One third of CIOs reported no change in their budget from 2008, while 46 percent reported a slight increase, and 21 percent reported a cut in IT budgets” [1]. Most businesses are facing flat or only ...