Latest opinions that Elizabeth Lumley has shared on Finextra

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Elizabeth Lumley

Global FinTech Commentator

Girl, Disrupted

Member since

05 Nov 2007

Location

Crayford

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Elizabeth's opinions

The Finextra Fun Badge Buzzword Bingo Game

Do you facilitate disruptive environments in order to engage GenY, digital natives? Are you involved in the gamification of the customer experience? Do work for a 'social' business? Will banking as we know it be disrupted by dramatic consumer behaviour shifts? Can anyone tell me what any of the above actually means? Really? In plain, simple languag...

02 December 2011 /retail Whatever...

It's not enough just to have the risk systems turned on

So, now we all know the dirty little secret at the heart of the latest alleged 'rogue trader' scandal at UBS. Risk management was ignored. Well, knock me down with a slide ruler. Now, I wrote a rather snarky blog when this scandal broke asking whether the lights were even turned on in the UBS trading floor, never mind the VaR calculations, risk li...

06 October 2011 /regulation Financial Risk Management

WTF - Is every trader an island?

So we all woke up this morning to find that UBS was reporting a $2 billion loss due to a ...wait for it ... 'rogue trader'. Yes, mistakes happen. Yes, fraud, abuse and criminal activity happen. But young Kweku Adoboli, a 31-year old trader in UBS's London-based exchange traded funds business, is not sitting in police custody, currently, because he...

15 September 2011 /regulation Financial Risk Management

Twitter tips from Liz. Just in time for Sibos.

I took part in a webcast a couple of weeks ago looking at how to best use social media channels at large events, such as Sibos (coming up next month, folks!) Cognito Analytics, which sponsored the webcast, organised the panel which included, Jennifer Maitland marketing operations manager at Caplin, Peter Vander Auwera, innovation leader at Swift an...

02 August 2011 /sibos /wholesale Social Banks

The 10 Commandments of Social Media

Finextra has written before about social media guidlines issued by US regulatory body, Finra - and all its scary Tweet-retention rules. Allen Schoenberg of the CME (@allanschoenberg) re-Tweeted an interesting slide show from Glen Gilmore, adjunct professor of digital marketing & social media law called 'Finra's 10 Commandments of Social Media...

28 July 2011 /regulation /wholesale Social Banks

Love triangle drama in Payments Close

Just when you thought payments couldn't stir up a bit of intrigue, the payments space gives us a juicy bit of M&A love triangle drama worthy of the cheesiest, Susan Lucci-top billing, daytime soap opera (those in the US know what I'm talking about). The talk of this year's EBADay was "Who's going buy Fundtech?" A week or so later, we ...

27 July 2011 /payments EBAday

Sophisticated banking?

I was all geared up to write a blog about the UK Payments Council's U-Turn on cheques - it was going to cover themes of democracy, banking innovation, understanding the customers (ALL of the customers - not just the 'cool kids') and of course sophisticated banking. Then I saw this. The UK doesn't look so bad after all.

13 July 2011

Basel III, Dodd-Frank, the Volker Rule, oh my

You be hard pressed to attend any financial services-themed event this year with hearing a range of presentation explaining, warning, commenting on the end of ‘light touch’ regulation. You can argue all you want about the so-called politically motivated move to ease access to credit and mortgages to people who may not have been best placed to han

08 July 2011 /regulation /wholesale

Happy trails to Cris Conde

Some of you may know I've been on the road the past few weeks. A big social media blog is coming soon. But I wanted to get in a few words about Cris Conde while the news is still fresh. I'd like to throw off my journalist hat for a moment and speak as a person. CEOs don't get a lot of love in this post-economic crisis age, but if there was ever a ...

20 May 2011 /regulation

Thinking outside the cloud

We're hosting a webcast on Finextra right now looking at everyone's favourite tech trend - cloud computing. However, before any IT head worth his iPad case starts dreaming about the processing power, flexibility and resiliency cloud computing can offer - his or her thoughts inevitability turn to security. In the webcast Adeel Saeed, head of Corpor...

25 March 2011 /regulation /wholesale Financial Risk Management

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