Andy Hirst VP Banking Solutions SAP at SAP
In a word: Sibos. That major event on everyone’s calendar is done and dusted for another year. With Singapore still (relatively) fresh in our minds, I thought I’d sum up my key reflections. What topics were firmly on the agenda – and what took centre stage? Is there a new ‘business as usual’? Absolutely. It was no surprise that digitisation was the...
03 December 2015 /sibos
Retired Member
Banks of every size are keen to win and retain Corporate customers – nothing new here. However, what is surprising to me is how many banks I think are missing a trick when it comes to realising opportunities to expand their Corporate portfolios by offering the easy access to bank services over SWIFT that many Corporates are demanding, especially ...
17 November 2015 /sibos Payments strategies 2015-2020-2030
SIBOS 2015 clearly showed how banking is at an inflection point. Like every year, there is a general feeling that SIBOS 2015 helped raise the banks’ awareness of the values at stake and the challenges ahead. But this year more than ever, the SWIFT flagship conference also helped banks leap forward into next-generation banking by pushing for new an...
02 November 2015 /sibos
We might all be running on fumes, but we made it to day four. Another one in the books. I can't resist the temptation to complete the airline analogy… we’re beginning our descent, buckle up, you’re cleared for landing, bla-di-bla-di-bla! So, what did we learn this week? 3 key things for me... Market practice. A level-setting exercise to descri...
15 October 2015 /sibos Standards Forum
Standards Forum Day Three was all about compliance and regulation. "Less conversation" is not a phrase that one would normally expect see in the same sentence as "Sibos" but there it is in the title of the first session of the day. The panelists discussed regulators and the fact that they are starting to engage standards organi...
14 October 2015 /sibos Standards Forum
The Asia Pacific region is a growing hub for innovation in global financial services, driven by initiatives such as Singapore's FinTech & Innovation Group (FTIG). Mobile banking and payments are growing considerably worldwide, but analysts predict the most significant impacts are occurring in Asia, which is frequently a test market for new tec...
14 October 2015 /payments /sibos
Tuesday at the Standards Forum saw the official launch of the ISO 20022 Harmonisation Charter. Compère Muir, always in danger of breaking into a song when you shove a mike in his hand, thankfully spared us his vocal talents… instead we were treated to a local A Capella group singing in… you guessed it… perfect harmony. Geddit? [Editor’s note: Gr...
The payments world is both complex and complicated: Complex because of the many different parts that need to come together to facilitate the movement of value; and Complicated because the parts are interconnected both domestically and globally. New technologies, new payment entrants, end-user client demands, and the move to global standards are d...
13 October 2015 /payments /sibos
The need for market practice has not changed simply because we have introduced a new syntax… in fact, for a good number of years market practice organisations such as ISITC have shifted the focus of their market practice documentation towards a more syntax-neutral and data-centric view. Samples of actual messages are provided in both 15022 and 20...
13 October 2015 /sibos Standards Forum
Day One is in the books. A couple of the sessions were standing room only. Luckily, there is room to expand in the aisles... unlike Innotribe which had to turn people away from the API session. Bah! The festivities kicked off with a showcase of regional standards activity before a packed audience. Prior to SWIFT’s expansion of their presence in S...
12 October 2015 /sibos Standards Forum
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