980 Results from /wholesale
Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group
I will be shortly publishing a report on solution vendors of supply chain finance software solutions. Want to share with you a sneak preview of the major impact points of the research: Supply chain finance in its fundamental nature refers to the financial approaches and instruments which optimize the transactions, working capital and costs of the e...
13 October 2011 /wholesale Financial Supply Chain
After testing the concept with corporate treasurers and through direct conversations with banks and software vendors at SIBOS earlier in September I am confident to anticipate that Treasury information Management System (TiMS) is the new frontier for treasury management systems (TMS). In my perspective a TiMS does not replace a treasury workstatio...
10 October 2011 /wholesale Treasury Management
Retired Member
The commoditisation of traditional banking products through new technologies, as I’ve been reading about in Joseph DiVanna’s excellent Redefining Financial Services, has pushed banks to redefine their value propositions. This erosion of value is undoubtedly controversial to some, but when viewed from a historical perspective seems quite obvious, a...
06 October 2011 /retail /wholesale Innovation in Financial Services
It is inevitable that we are about to enter a period of lobbying by the banks (not that they weren’t already doing this!) whilst the ICB report is interpreted and translated in to legislation. We have seen evidence that it has already started, where Santander, whose investment banking arm is relatively small (5% - 10% of its assets), are asking th...
20 September 2011 /wholesale
Oh to be in the UBS compliance team this week. With news that another “rogue trader” has slipped under the radar in such spectacular fashion—at a time when the world’s banking system is in such a fragile state—the spotlight is thrown yet again on governance and oversight. Whether as deterrent or detector, the introduction of the Financial Services...
19 September 2011 /wholesale Financial Services Regulation
One of the intriguing notions in the run up to the Vickers report publication has been the “height” of the ring-fence. And indeed, what that even means. Well now we know. The ICB’s test for deciding the height of the fence is that a ring-fenced bank is “not dependent for its solvency, liquidity or continued operations on the rest of the group”. ...
12 September 2011 /regulation /wholesale
It’s now just a few days until the Independent Commission on Banking (ICB) publishes their eagerly awaited recommendations for UK banking reform. April’s interim report gave us a feel for what to expect but, (as was probably intended) it raised more questions than answered. The critical aspects of timing, and when the measures will come into force ...
08 September 2011 /wholesale
Last week saw the UK Financial Service Authority’s (FSA) latest win in its war against market abuse when it announced that it had imposed an £8m fine on Swift Trade for layering—a practice of placing large orders that the trader has no intention of completing. This is the eleventh insider-dealing conviction since March 2009 when Hector Sants, the F...
06 September 2011 /wholesale Financial Services Regulation
FSA mobile recording compliance and the working holiday. It’s August and the City has that almost peaceful summer feel, as its workers migrate to hotter climes for their “Worlidays”. Worlidays, a name created by Lucy Kellaway describes the sort of holidays many of us take these days, not least traders and customer teams in investment banking: not ...
31 August 2011 /wholesale Financial Services Regulation
Transaction banking is now receiving the respect it deserves as a sustainable source of revenue and vital customer touch point. In fact, in 2009 global payments revenues were $900 billion – double that of our worldwide airlines. However, financial institutions face significant obstacles on the path to profitability given that the global payments la...
23 August 2011 /payments /wholesale Transaction Banking
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