277 Results
Gary Wright Analyst at BISS Research
Recent surveys appear to show that the buy side and investors are getting a real raw deal with MiFID. Wealth managers are feeling the pinch with so many new trading venues to connect to even to have a chance of achieving best execution. The cost of connecting to so many venues is high and being passed back to the client in within the charges. As S...
11 September 2009 MiFID
I have written before about EMXCo the messaging system for Unitised Funds owned by Euroclear and how they continue to add new important institutions and intermediaries onto their system. It has just been announced that Legal & General (L & G) are making all their funds available over the network.This is really great news for the funds indu...
28 July 2009 /retail MiFID
There has been no end of stories over recent years about the ability of companies and organisations to maintain their data security. Bad news always travels faster than good and we will only ever know about the instances where data security is breached rather than the majority of occasions when data is secure but the quest to achieve total securit...
26 May 2009 /regulation /retail Data Management 101
The banks consortium bid for LCH.Clearnet has not been a knockout according to the noises coming from the LCH.Clearnet board. Rather it has produced a rather strange response where the board would like to cherry pick parts of it and try to integrate them into their own plan. In my opinion, it is doubtful that this will result in bringing the ailin...
14 May 2009
One of the best bits of good news last year found in a gloom laden industry was that the world's largest clearing house was to merge with one of European largest clearing houses. The opportunity to consolidate international and domestic clearing between the USA and Europe as it turned out was unfortunately too good to be true. As the financial cri...
01 May 2009
At a recent BT breakfast seminar a number of software vendors presented their own perspectives on the Euroclear harmonisation project and how it could benefit the UK securities market. The potential consolidation of messages was best illustrated by the Progress Software presentation that clearly outlined the huge inefficiencies existing within the ...
With so much bad news it is worth noting a small piece of news that emerged yesterday, which has significant future value to financial services companies and also wider consumer interests, as the industry attempts to turn the tide. The Securities and Investment Institute (SII) launched its new careers website aimed at introducing and educating peo...
26 March 2009
Over the last few months we have all been aware of a number of different banks sacking people to reduce overheads but as they are actually unable to do without many of them, I have found that in a number of cases they have then rehired the same people on temporary contracts but at an increased cost. The "lucky staff" as some might say, a...
19 March 2009
Having previously written about the impending announcement that EMXCo were signing up clients for their settlement messages, today's press release informs us that the first company to spearhead this new offering is Brewin Dolphin who are leading the way to genuine STP territory for funds. It's a real landmark for the funds industry and Brewin's ad...
24 February 2009
The news channels have all been carrying the enquiry into the banking crisis and of course been heavy laden with the grovelling apologies of the boardroom architects of the disaster. These apologies clearly written by their PR and delivered with hardly a look of remorse by those responsible are obviously totally inadequate. What was required was a...
13 February 2009
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