106 Results from 2009, /wholesale
Retired Member
I watched the google wave developers demo on friday since i was curious about its potential. It has already created waves on the internet and is currently being talked about as the next big thing coming from google. Google wave is a communication protocol built on the principles and architecture of operational transformation. It is a client and se...
03 June 2009 /wholesale Banking Architecture
Surveys in this phase of turmoil (recovery?) indicate that the customer priorities for choosing Banks are "Financial stability”, "Trust" and "customer focus" of Banks- Interpersonal relationships to the fore as crisis erodes trust in banks . The term stability of a bank was never in the top priorities, till customer felt t...
28 May 2009 /retail /wholesale Innovation in Financial Services
John Cant Managing Director at MPI Europe Ltd
The announcement overnight that Cogent Consulting LLC, leading developer of commission management systems for the securities industry, has signed a letter of intent for the sale of a majority of the company to a group of major global institutional broker-dealers, is the strongest signal yet that brokers have taken up the challenge to create an in...
20 May 2009 /wholesale Innovation in Financial Services
Currently the messages MT103 / 103+ are used to effect a customer credit transfer and the MT 202 is used for a financial institution transfer. In order to speed up the payment process for customer credit transfers in some cases an additional cover payment message (MT202) is sent to an intermediary bank whereas the underlying customer credit tr...
19 May 2009 /payments /wholesale SWIFT Matters
Apparently travel broadens the mind, at least that’s why I am travelling to Arsenal’s Emirates Stadium with alliance partner Rob Woolley (SVP EMEA of Globant) to the Somesso “Creating Social Capital” event. For those of you who don’t know Globant, it is the leading Latin-American IT Services & Software Development group, and they have developed...
14 May 2009 /wholesale Innovation in Financial Services
Gert Raeves Research Director at Adox Research Limited
Apparently, more than 40% of senior bankers believe better data quality and availability are really quite important to improve risk management. So many cliches, such lack of imagination and inventiveness, such an overdose of the obvious remedies. A story like this comes along every few weeks - and every time I read one I have to resist the temptati...
07 May 2009 /wholesale Data Management 101
Every day, I get email and snail-mail delivered faithfully, eagerly and hopefully into my mailbox by some organization that has spent time and money with the singular goal of delivering their message to little ol' me. They have either dedicated resources or paid to find my name and my address. Unfortunately, these same resources haven't bothere...
07 May 2009 /regulation /wholesale Women in Technology
In one of my recent Financial Sector bulletins, I initiated a discussion on whether innovation is a good strategy for current market conditions. The debate on our FS Think Tank LinkedIn group - a new and growing discussion group set up with a number of alliance partners - was particularly active and practical. For example, I was glad to read tha...
04 May 2009 /retail /wholesale Trends in Financial Services
The SEPA project received something of a blow when, in December 2008, the French Banking Federation (FBF) announced that its members had suspended work on SEPA pending clarification from European authorities on interchange fees for services that banks supply to each other. “As long as these rules are not clarified, the French banks, like many Euro...
01 May 2009 /payments /wholesale
Happy Belated Earth Day! Yes, I know Earth Day was yesterday...hence the belated...but tell the truth did you remember to celebrate? How do you celebrate the Earth? Do you hug a tree, have a neighborhood shredding day, start a compost or just pledge to be more aware? Well whatever you did to mark the day...hats off to you. Because now...today...
23 April 2009 /wholesale Going green
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