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980 Results from /wholesale

Retired Member

Retired Member 

Stifled by legacy systems

Many financial institutions are trying to run their critical payments function on disparate, cobbled-together systems, whose complexity and inflexibility make it difficult to respond to new customer needs and market demands. This presents a number of challenges to banks. Firstly, there are spiraling costs and stifled revenues. It is estimated that...

/payments /wholesale

Roy McPherson

Roy McPherson 

Dirty Data

No not the title of a chapter in a John Le Carre book, nor an invitation to spice up my pc. But in a recent survey looking at impediments to accurate counterparty risk measurement (and management) the top answer was, dirty data. If you extend counterparty risk measurement to include cash and liquidity exposure I'd say you're beginning to see the t...

/regulation /wholesale

Retired Member

Retired Member 

FX eCommerce - Single Dealer Platforms

I recently completed some research on single dealer platforms or FX eCommerce systems, which are designed for market makers and dealers in foreign currency trading. My research covered FX aggregation, pricing, auto-hedging, position-keeping, smart order routing and internalization. Here are a few tidbits from the research: FX single dealer platfor...

/wholesale Financial Risk Management

Retired Member

Retired Member 

Feeling the Pressure: Fixed income processing

In March, new issuance and continued interest rate volatility contributed to further increases in fixed income volumes according to leading brokers like ICAP, who last week announced a 22% volume increase over its BrokerTec platform on the previous year. If regulators succeed in their aim to move a significant proportion of OTC trading onto exchang...

/wholesale

Nikhil Mittal

Nikhil Mittal Financial Crimes Consultant at Wells Fargo

Identifying how much to lend before rotating the gears ahead

We all are aware of the growing interests of large and medium businesses towards financing their daily needs via Asset based financing ranging from financing via factoring to Asset based borrowing. Over the years, many banks have started giving weight to Asset based financing, which is evident from the returns this has given to them YoY as compared...

/retail /wholesale

Craig Ramsey

Craig Ramsey Head of Real-Time Payments at ACI Worldwide

IPS in review

As the IPS conference in London drew to a close yesterday one theme was coming through loud and clear: there are plenty of new payments methods emerging into the mainstream, such as mobile, and lots of new ways to interact with customers. The innovation in the retail banking sector is impressive, but it seems not to be met by an equal level of inn...

/payments /wholesale

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Thinking outside the cloud

We're hosting a webcast on Finextra right now looking at everyone's favourite tech trend - cloud computing. However, before any IT head worth his iPad case starts dreaming about the processing power, flexibility and resiliency cloud computing can offer - his or her thoughts inevitability turn to security. In the webcast Adeel Saeed, head of Corpor...

/regulation /wholesale Financial Risk Management

Retired Member

Retired Member 

Cutting costs is not enough

Yesterday at the IPS conference in London, a major theme emerged for payment banks: managing costs is no longer enough to maintain a successful payments business – banks simply have to become more efficient. Overlaying this realisation is the concern surrounding regulatory reform. At the conference, 67% of attendees admitted that regulatory reform ...

/payments /wholesale

Craig Ramsey

Craig Ramsey Head of Real-Time Payments at ACI Worldwide

Will transaction banking please step forward?

The provision of payments is a fundamental function of banking, practically as old as money itself. But since the introduction of cheques more than 350 years ago, the payments landscape has been evolving continually, due to changing customer requirements, competition, legislation and technology. The speed of change has increased in recent decade...

/payments /wholesale

Craig Ramsey

Craig Ramsey Head of Real-Time Payments at ACI Worldwide

Preparing for IPS

As we prepare for the IPS event in London, I am looking forward to the presentations and conference sessions, of course, but I think I am looking forward to the one-to-one discussions on the stand even more. There is no doubt that this is an exciting time in the industry and there are still a lot of changes happening. I am expecting three topics o...

/payments /wholesale

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