64 Results from 2012, /wholesale
Retired Member
The FATCA introduction date (1st January 2013) is looming large and focusing the attention of financial institutions on what needs to be done. From my conversations with several financial institutions over the last few weeks, it’s clear that they are busy analysing the IGA or ‘full-fat’ FATCA agreements (depending on their location) and trying to ...
22 October 2012 /regulation /wholesale Data Management 101
Marc Murphy CEO at Fenergo
We are currently experiencing an unprecedented series of new regulations, each of which will require the collection of new client/entity data and support documentation to achieve full compliance. The problem is that each of these regulations will dictate the collection of new pieces of data – some looking for Tax Identification Numbers (TIN) or US...
08 October 2012 /regulation /wholesale Financial Services Regulation
In an era of increased regulation, with stiff competition from other banks for business with blue-chip corporates and a lower appetite for risk, where can regional banks turn to for long-term sustainable growth? On the corporate side, for an increasing number of domestic corporate leaders such as Lenovo from China or Airtel from India, impetus for...
26 September 2012 /wholesale
Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group
To build an estimate of this market I am using the below assumptions. I will limit so far the exposure for Europe to collect you suggestions/comments. I have similar data also for the other regions (i.e., NA, Asia, ANZ, Africa, South America) European Very large bank (e.g., Deutsche Bank, RBS, Santander, BNP): average of 30 deals/year with 30m $US...
20 September 2012 /sibos /wholesale Financial Supply Chain
Samarth Shekhar Regional Manager EMEA at SixThirty Ventures
Further to my previous post calling for more SWIFT-style sharing of IT and back office among European Banks we now have (1) Deutsche Bank calling upon rivals to share investment banking technology; (2) ING promoting an API developer portal for building open source Retail Banking software; and (3) the ECB moving closer to a European banking union...
14 September 2012 /retail /wholesale
The story is so well known that many details are now forgotten. For example that it was not Mr. Hayek who invented the idea of the Swatch but that he took it over two years after the launching. Or that Swatch, originally doesn't stand for "Swiss Watch" but for "Second Watch" Swatch began development in the early 1980s, under th...
04 September 2012 /wholesale Innovation in Financial Services
The SCF market is still evolving - it is a competitive business and business undertaken is covered by customer/bank confidentiality and therefore sources of information are constrained and not widely in the public domain. The receivables financing segment including factoring, invoice discounting and receivables finance in all its forms remains the...
27 August 2012 /wholesale Financial Supply Chain
Transaction banking—the set of instruments and services that a bank offers to trading partners to financially support their reciprocal exchanges of goods (e.g., trade), monetary flows (e.g., cash), or commercial papers (e.g., securities)—tracks financial instruments through their entire lifecycle. In a stressed economy, tracking financial instrume...
21 August 2012 /wholesale Transaction Banking
This very short blog post is to share with you the definition for SCF that I have come up with after a considerable amount of research on the subject: Supply Chain Finance is the use of financial instruments, practices and technologies to optimise the working capital tied up in supply chain processes and to improve liquidity management for collabor...
21 August 2012 /wholesale Financial Supply Chain
The introduction of the proposed Standard Legal Identifier (LEI) is a golden opportunity for many financial institutions to enhance and improve overall client data management and achieve the coveted cleansed legal entity data repository. The ability to assign a single, unique identifier to each and every legal entity - that can be shared both with...
07 August 2012 /regulation /wholesale Data Management 101
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