106 Results from 2009, /wholesale
Retired Member
The idea of a single customer view (SCV) is something that retail banks have been kicking around for a while, and on which the FSA in January of this year proposed banks should invest around £1bn (Computer Weekly, 08 Jan 09). The FSA was worrying about the ability of individual investors to be able to get their hands on their money in the event of...
21 August 2009 /retail /wholesale
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
This was the famous statement - allegedly by Chrusjtjov viewing a combined harvester demo at a sovhos. It came to my mind when reading the often so eminent Economist - now the "Modern Economy Theory" July 18th article. Without going into any interesting detail on this or on the rebutting views by Robert Lucas (Aug 6th) I think that we ha...
09 August 2009 /retail /wholesale
I found that if you have a goal, that you might not reach it. But if you don't have one, then you are never disappointed. And I gotta tell ya, it feels phenomenal.~ Peter LaFleur Every decade or so, business decides to re-invent itself. And in every cycle of reinvention; there is a new buzz word or "school of thought" that is trumpeted ...
07 August 2009 /wholesale Transaction Banking
Paul Penrose Head of Research at Finextra
OMG. Twitter down. Hit by DoS attack. Facebook also grinding. Cyber-sabotage suspected. And we can't even tweet the news. World grinds to halt. Not
06 August 2009 /retail /wholesale Finance 2.0
For a Swift geek like me, the publication of the co-operative’s annual report offers a rare opportunity to gauge the mood of the executive committee and the board ahead of the annual user conference. Often this requires some educated guesswork, reading between the lines and picking up on nuances in tone and emphasis in the opening messages from th...
23 July 2009 /payments /wholesale Finextra@Sibos
Mint's online lifestyle mag does its bit to remind us all how deep in the mire we are with the snazzy 'One Trillion Dollars Visualised' animation. In layman's terms, that one trillion dollars would buy you a $3 latte every day for 900 million years. And that's only one-tenth of the current bail-out. Time to wake up and smell the coffee, people.
22 July 2009 /retail /wholesale Video extravaganza
Twitter has suffered an embarassing security lapse after a hacker stole hundreds of confidential documents and released them in the blogosphere. Explaining the break-in, Twitter CEO Biz Stone writes: "About a month ago, an administrative employee here at Twitter was targeted and her personal email account was hacked. From the personal accoun...
16 July 2009 /retail /wholesale Finance 2.0
Paul Blank e-Trading Solutions at TradAir
FX markets remained open for business throughout the credit crisis, although volume growth may have slowed. Across the board market participants continue to embrace eFX for many reasons. While risk management, control, best-ex, automation and cost compression are important for buy side firms, high frequency trading houses continue to pursue low lat...
15 July 2009 /wholesale
Goldman Sachs hasn't had the best of press lately. A recent Rolling Stone article went as far as to describe the firm as "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money". Others have noted that the firm's tentacles spread into every area of government...
10 July 2009 /wholesale Whatever...
Olivier Berthier CEO at Moneythor
The typical coffee machine chat with players and observers of the corporate banking world lately always seems to come back to the massive change over the past year and a half in how banks have brought their cash management, trade finance and indeed their payments businesses closer together. There are significant similarities and synergies between...
09 July 2009 /wholesale Financial Supply Chain
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