334 Results from /sibos
Retired Member
Regulation is going to be one of the key themes at Sibos 2013. And this is not surprising, given the tsunami of new regulatory requirements that financial organisations will be inundated with over the next 12-18 months. A recent report by analysts Celent revealed that financial institutions expect to spend in excess of $50 billion on risk and regul...
16 August 2013 /regulation /sibos
Martin Bailey Technology Product Director at Temenos
Reports on customer loyalty may differ on the exact number of people who are changing banks, but they all agree that customers are getting more promiscuous. The bad news is that I don't think we've seen anything yet. Mobile phone vendors eye how often customers change their banks with envy. The race to acquire new customers is on. In the UK, Maks ...
30 January 2013 /sibos /retail Innovation in Financial Services
With Asian economies booming, smart banks are capitalising on opportunities to boost their trade finance business. But how do financial institutions from the developed world ensure market share? If they are too slow to act, they may be left with the crumbs rather than a representative share of the trade finance pie. To start with banks must be sur...
28 November 2012 /sibos /wholesale
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
This post was originally called Atheists versus Evangelicals...then I walked away from it. Then I toyed with the idea of 'Battlefield Payments'...but what I really wanted to talk about was more than payments and I'm really not that big a John Travolta fan anymore. Then two (well, really three) things happened at Sibos in Osaka this year. (Yes, I ...
21 November 2012 /payments /sibos Finance 2.0
In the wake of the financial crisis and in response to the G20 commitment to provide global financial stability, regulators around the world are increasingly looking to central counterparty (CCP) clearing houses as a way to mitigate counterparty risk in the market. Proposals in both the U.S. Dodd-Frank Act and the European Market Infrastructure Re...
01 November 2012 /sibos
Craig Ramsey Head of Real-Time Payments at ACI Worldwide
After years of speculation, this week in Osaka we finally appear to have a SIBOS with a SEPA conversation worth having. With the date for compliance across the Eurozone now set for February 2014, we are beginning to see a move by corporates to start to adopt SEPA standards. The business case for migrating ahead of the 2014 date has always been a ...
29 October 2012 /sibos /wholesale Finextra@Sibos
The Sibos banners are out on the street in Osaka to warn the locals that thousands of bankers and vendors are about to descend on them for the week. The first ones have been here for a while – the ones who have to do the hard work of building the stands. The vendors who will be doing booth duty have already begun arriving too. Osaka isn’t serve...
27 October 2012 /payments /sibos
Chris Principe CEO at APB, Inc.
Within trade finance, challenges exist for the big, experienced players as well as the newer entrants. Banks are eager to service and attract new customers with trade instruments, yet the service models and financing is complex and potentially risky. Big data a big topic across the financial industry, offers the potential to capitalize on the info...
26 October 2012 /payments /sibos
Richard Chapman Head of Strategy at SunGard
The operational maturity of a financial institution determines its ability to effectively process the accounting, cash flows, trading and transactional activity that supports its core business with the least associated cost and minimum risk. Today, reconciliation and system validation play a key role in a financial institution’s journey to operati...
16 October 2012 /regulation /sibos
With reference to the ‘Unlocking Transformational Efficiency in Fund Operations’ posting on the Tabb Forum, Unit Pricing is a prime example of a function firms should invest in for continuous improvement. Conflicting business drivers of cost reduction and seamless capacity for growth have initiated a ‘back to core’ focus amongst many firms. Incre...
09 October 2012 /regulation /sibos Data Management 101
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