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Gary Wright

Gary Wright Analyst at BISS Research

Will we see the return of trade barriers?

In 1929 one of the biggest factors was the introduction of nationalistic trade barriers. These were protective measures to ensure domestic businesses were supported over and above those of the global economy. The effects were disastrous both domestically and worldwide! It was only through the creation of financial instruments in the USA that were ...

/wholesale SEPA and European Payments

Gary Wright

Gary Wright Analyst at BISS Research

A return to Vanilla: What will the banks do next?

One thing is for sure the banks are going to be very careful not to create financial products that look like those that have helped create the crisis. We can anticipate that many financial firms will revert to plain vanilla trading to try and build up some confidence with their clients. Keep simple, keep it stupid, might be the order of the day, f...

/retail /wholesale Data Management 101

John Cant

John Cant Managing Director at MPI Europe Ltd

What do Boris Johnson and Wikipedia have in common?

Well not the most obvious question I know. Boris Johnson – London’s headline grabbing mayor – and Wikipedia – an on-line encyclopaedia with definitions generated and maintained by its users – don’t seem to have obvious overlaps. However, they do both generate strong polarised opinions. Take Boris’s famous, or should that be infamous, “ping pong” s...

/retail /wholesale Trends in Financial Services

Elton Cane

Elton Cane Digital product delivery at News Corp Australia

Banks cutting onshore outsourcing and contractors

As banks now more than ever are looking to cut costs wherever they can, it's not surprising that they're still very keen on offshoring despite the political sensitivity of sending jobs abroad. But the large Indian service companies that provide offshore services, as well as providing people locally in the UK, are finding that banks are cutting back...

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Retired Member

Retired Member 

Outsourcing and consolidation in Transaction banking

There is no doubt that transaction banking is growing. But is this growth straight forward and all-round… or are there some undercurrents. Let us look at some developments - AIB and Barclays outsourced Trade processing to ABN a few years back. Trade finance outsourcing has become common now with a number of banks & vendors offering this servic...

/payments /wholesale Transaction Banking

Retired Member

Retired Member 

Forays into fintech SOA

Fiserv CBS Worldwide, Tibco Software, IONA Technologies, edge IPK, GT Software what do all these companies have in common? They are just a tiny example of the software companies listed on finextra recently for making big forays into the world of fintech SOA. The reason for this insatiable trend? The age of proprietary, bespoke and closely guarded ...

/regulation /wholesale

Nick Hastings

Nick Hastings 

Sex Panther rocks Vienna

As part of their global tour to promote their new album 'Power Shakes and Super Congas' Sex Panther touched down in Vienna to rock the Hofburg. Despite a few technical problems and working with a reduced set the boys banged out a sterling cover of the Queen Classic 'Don't Stop Me Now'. If you missed the gig or were there but were over-powered by th...

/payments /wholesale Finextra@Sibos

Paul Penrose

Paul Penrose Head of Research at Finextra

Wall Street is history

Wall Street is history. Official. The news from New York that Wall Street's last two investment banks Morgan Stanley and Goldman Sachs are to convert into tightly regulated bank holding companies marks the end of an era for the capitalist economic system. The investment banking model that for decades has powered a global boom in leveraged finance,...

/retail /wholesale Trends in Financial Services

Matt White

Matt White North America editor at Finextra

Outsourcers get crunched

The current market turmoil looks like it's going to hit offshore outsourcing firms pretty hard. As the FT reported a couple of days ago, firms like HCL and Wipro are putting a brave face on the crisis, insisting the events at Lehman - a customer of both - won't have much of an impact on them. But despite the bullishness, Wachovia Capital Markets h...

/retail /wholesale

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Scheudenfraude is an ugly word--in any language

Now I've spent 15 years writing about technology and data on Wall Street and the City. I've met many people who do (or did) take home a fat wad of cash and others who get by on much smaller wallets. But as the events of this week continue, I have been a bit disturbed by the level of bile floating around the blogs and even in mainstream news. All of...

/wholesale Whatever...

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