64 Results from 2012, /wholesale
Retired Member
There’s a tablet platform coming that will change the way that the front, middle and back-office of banks conduct their daily activities. The days of traders, collateral optimisers and the back-office being tied to their chairs will soon be a thing of the past. The preferred communication method will no longer be email, but will evolve to a more pr...
07 March 2012 /wholesale
Corporate banking is rife with manual invoicing and non-STP processes in the banking industry today. Legacy core processing systems were not built to handle the rule-based requirements that are needed to price based on relationship value. These systems challenges can and do lead to revenue leakage. TowerGroup has noted that the cost of poor data al...
06 March 2012 /wholesale Innovation in Financial Services
In a press release on its website, Misys notes the announcement made by CVC and ValueAct Capital and confirms that it is currently in discussions with them regarding a possible offer for the Company's entire outstanding share capital for cash. Misys also continues to be in discussions with Vista Equity Partners and Temenos Group AG as set out in t...
05 March 2012 /wholesale Innovation in Financial Services
According to Financial Times, Vista Equity Partners, a private equity firm focused on investing in software and technology-enabled businesses based in USA, has launched a rival £1.2bn offer for Misys. Maija Palmer, redactor from FT following what could be the biggest and completest deal of the Banking Software Industry, stated that "the Inves...
23 February 2012 /wholesale Innovation in Financial Services
The growing adoption of iPads by financial services companies has unnerved RIM, the makers of Blackberry smartphones and traditionally the sector’s choice for mobile communications devices. For RIM to dominate the tablets market much the same way it has the smartphone space, and after a disappointing 2011 launch of the first Blackberry Playbook, ...
21 February 2012 /wholesale
Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group
I see a change in the way supply chain finance (SCF) is being perceived in the market. I still have to form myself a more structured opinion so I'll just jot down my thoughts as they come. "Old" SCF: Basically the management of cash and capital to support the execution of supply chain processes (e.g., delivery of the goods). "New&quo...
17 February 2012 /payments /wholesale Financial Supply Chain
In an increasingly commoditized payments world, it is no surprise that banks seek to differentiate their payments offering. Technology is usually the key enabler in creating competitive advantage, but soaring IT integration costs can all too easily derail the bank’s efforts. Banks are being squeezed. They are caught in the vice of increasing compe...
15 February 2012 /payments /wholesale
There was a survey of US plan sponsors put out by a consultant last month that included some commentary on “unbundling”. Unfortunately the survey is a subscriber only document, so I haven’t read it, but I have spoken with a number of people who are subscribers and of course there are the various media reports. Virtually every news item focused o...
14 February 2012 /wholesale Post-Trade Forum
Hans Tesselaar Executive Director at BIAN
This month sees another milestone on the road towards widespread open standards in banking IT, in the shape of a new partnership between BIAN and The Open Group. Bringing together the banking sector expertise of BIAN, with the wider industry track record of The Open Group, the collaboration aims to help banks adapt to a rapidly changing business en...
14 February 2012 /retail /wholesale
Close to midnight Bloomberg quoted "two people familiar with the matter" and announced that "Misys, has attracted interest from buyout firms and would consider alternatives if they deemed better for shareholders". This announcement will surely represent a threat to what some analysts have being calling a "shotgun marriage&q...
14 February 2012 /wholesale Innovation in Financial Services
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