38 Results from 2011, /sibos
Gary Wright Analyst at BISS Research
At a recent conference a senior member of the T2S development team said that to date €350m had been spent on development and this was likely to rise to about €400m due to the 9 months delay announced at SIBOS. Let me say it again €400m! When T2S was devised in pre 2006, the world was a very different place and in those days a technology platform to...
18 November 2011 /regulation /sibos Post-Trade Forum
Since the first signs of the Credit Crunch and the debacle of bad asset valuation in the subprime disaster, the role of Credit Rating Agencies has created deep concern for Governments and Regulators alike. The independence that the finance industry always expected of ratings was almost unquestioned before, but not since. This begs the question ho...
17 November 2011 /sibos Post-Trade Forum
When MiFID was written one of its objectives was to create increased competition to the Stock Exchanges. The view being that the Stock Exchanges were operating in what looked like a monopoly and with mergers they would be creating further monopolistic positions. This was considered bad for investors as it limited choice and forced acceptance of th...
07 November 2011 /sibos /wholesale Post-Trade Forum
The MiFID review as expected is going to clobber the existing market causing massive changes in the execution and post execution of trades. Many people outside of trading will be very worried about the long term impacts on their business. While investors should be feeling a warm glow, as they will be finally be sure of getting a good deal. Attacks...
24 October 2011 /sibos Post-Trade Forum
Retired Member
The limited availability of credit following the financial crisis coupled with the potential consequences of Basel III has resulted in a crunch on lending to corporates. Banks and corporates have become more attracted to financing opportunities linked to supply chain transactions. In a recent report, Celent even went as far as to ask whether suppl...
10 October 2011 /payments /sibos
Getting good accurate corporate data within an acceptable time frame for the market to make decisions and act you would think was problem that disappeared years ago. The fantastic increase communication efficiency, the scope of media coverage and the introduction of electronic message standards are all plus points that should have already eliminat...
06 October 2011 /sibos Post-Trade Forum
Roy McPherson
When we were at Sibos we enjoyed a team dinner in a local restaurant. As the topics of the day were mulled over somewhere up popped a contentious question "If the Greeks default, and Greece disengages from EUR and reverts to the GDR, would back office systems cope"? As the discussion raged back and forth, buoyed by the odd jar or two, i...
05 October 2011 /regulation /sibos SWIFT Matters
As we're wrapping up the loose ends from Toronto, the thing I keep coming back to is how different the conversations were than they have been in the past. I spoke to a lot of people, primarily from financial institutions, and it almost didn't matter what technology they were talking about - they all had the same concerns. Rather than fancy ideas or...
04 October 2011 /payments /sibos
Small and large companies alike want more streamlined A/R processes. The driver behind a common standard for remittance information delivery is to enhance the value of and promote the growth of electronic payments in order to improve efficiencies and enable straight-through processing. Earlier this summer, I attended a remittance standards confer...
29 September 2011 /payments /sibos Payments strategies 2015-2020-2030
Regulation is a fact of life in the payments business but when it was discussed at Sibos, people seemed united in their opinions on how best it should be tackled. And common standards and communication are at the root of their recommended approach. A regulation like Basel III is best implemented with a maximum harmonised approach across the globe, ...
22 September 2011 /payments /sibos Finextra@Sibos
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