334 Results from /sibos
Retired Member
SWIFT decided to move to XML standards in year 1999. Since then, we have been hearing about MX standards (XML based). In all SWIFT presentations I have seen so far, I always hear about MX messages. SWIFT also maintains and releases MX standards every year. I always get a message that SWIFT will finally be moving everything to MX, but I never get ...
17 August 2008 /sibos SWIFT Matters
Paul Penrose Head of Research at Finextra
Belatedly proving that there is life after Swift, the banking co-operative's former head of securities James Donovan has landed a new role at US self-regulatory authority Finra. In his new job, Donovan will take charge of Finra's corporate technology and strategy, and will also be responsible for registration and disclosure, market transparency fa...
05 June 2008 /sibos /wholesale Where are they now?
As you probably know, the annual Swift bash is taking place in September and as you might expect Finextra will be shipping out a crack team for on-the-spot coverage of key issues, events and the inevitable late night parties. If you're going you're probably about to book flights and the like and plan your week, hence the launch of our now traditio...
04 June 2008 /sibos Finextra@Sibos
Research just out from Tabb estimating that banks will spend $70 million on automating OTC derivatives processing this year is welcome, yet it’s still a fraction of what really needs to be spent. Even if many of the big sell-side firms have invested heavily, there remain so many counterparties who have yet to even recognise that it is relevant to...
03 April 2008 /sibos Trends in Financial Services
I am usually surprised by the almost manic attention given to alpha these days. That may sound trite in present financial circumstances, although volatility in the markets is the mother of invention and therefore competitive alpha. But it seems to me that scratching about in the field for a few basis points to outstrip your competitor's alpha pe...
13 March 2008 /sibos /wholesale Hedge Fund Technology
Alan Goodrich Regional Sales Manager at ERI
First of all, credit where credit is due - the title concept is attributable to one of my colleagues, not me - thank you Howard! Yesterday evening we attended a lively Financial Services Club session of the Supply Chain Management Forum focus group chaired by Eric Sepkes. The guest speaker was Shaun Maine, who happens to be Chairman of the TWIST Te...
23 November 2007 /payments /sibos Financial Supply Chain
Depending on your local bank/public holidays, there are just 45 business days to "SEPA Day"..! I can't help wondering just how "SEPA-ready" banks and corporates really are with effectively just 9 weeks to "LIVE" date to go..? SEPA may not be as big a deal as the Euro and Y2K in terms of the consequences of not being re...
21 November 2007 /payments /sibos SEPA and European Payments
The subject of “Innovation in Financial Services” seems to highlight a real and present danger that many senior bankers are struggling with... i.e. how to achieve the “plumbing” and innovate simultaneously, in particular around the corporate financial supply chain... Did you make it to SIBOS this year? Well, the good news was that SIBOS focused a ...
05 November 2007 /payments /sibos Financial Supply Chain
Hmmm... I wondered whether it was worth blogging about anything other than MiFID this week... but then decided that perhaps someone might want to read about something else..? Anyway, I finished my previous blog on the funds distribution topic with Tim Keaney’s (co-CEO at BNY Mellon Asset Servicing) statement at SIBOS that “more than 80% of the tra...
01 November 2007 /sibos Trends in Financial Services
No, I’m not suggesting we are careless or eclectic with our money! Or, are we sometimes – in a way..? I was part of the packed audience in Room 210 at one of the opening sessions, on the Monday morning of SIBOS this year, entitled: The 21st century funds industry: What are the critical success factors? The assembled panel of experts was worthy of t...
26 October 2007 /sibos Trends in Financial Services
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