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1077 Results from 2016

Neil Crammond

Neil Crammond risk education & real time market abuse at DIVENTO FINANCIALS

WHY DID REGULATORS ALLOW LAST LOOK TRADING ?

In 2016 we have to ask what working committee agreed to allowing "last look" trading tool to market makers and platform providers ? Sadly the more information received only shows how abused this tool has become and in real terms how destructive it has been to fair and orderly markets ! Our regulators have to shoulder some b

/regulation

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Why does it take so long?

E-id as a bank service has been in place for soon 20-years in Finland and it serves especially well the public sector where strong e-id is often needed - but with low usage intensity. This means that a separate tool is both expensive and difficult to remember for users. Several other countries have taken the same route. But most have not - yet. W...

/retail Innovation in Financial Services

Ketharaman Swaminathan

Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions

Privacy Does Not Equal Security

A few months ago, I'd posted the following update on social media: Privacy does not equal Security: Privacy is refusing to give out your mobile #. Security is refusing to give out your debit card PIN #. To which a friend had replied, "You made it so simple!!" Then I thought of bank account numbers and realized it wasn't so simple. If I to...

/regulation /retail

Ralf Ohlhausen

Ralf Ohlhausen Executive Advisor at Pay Practice

Instant Payments - Hot or Not?

Although money transfers within Europe are set to take place in real time soon, we have not yet heard a great many specifics about how the instant payment process will work. Now, some initial proposals have been put forward, but a number of unanswered questions remain, and the deadline is looming. Hot or Not? Financial experts, at any rate, agree...

Nigel Farmer

Nigel Farmer Industry Director, Capital Markets at Software AG

Addressing Bottlenecks around Real-Time Risk Reporting

The demand for real-time information in today’s banking and finance world is constantly growing. There has always been a need for real-time data on the trading desk of course, but that requirement is now expanding into areas such as enterprise risk reporting, which has traditionally operated on more of a batch-driven, T+1 basis. Although much ...

/regulation

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Hackers don't play well with Kids' Toys

No company is immune from hackers—even a toy company. Hong Kong based VTech got hit by a hacker recently. This company makes techy educational toys for kids, and its database got breached. Customers go to the Learning Lodge store and download content to their children’s VTech devices. The devices for downloading to are a tablet, watch and action ca...

/security

Retired Member

Retired Member 

To be in great compliance and business shape, banks need to get fit at a granular level

To be in great compliance and business shape, banks need to get fit at a granular level Regulators are scrutinising credit exposures like never before and conducting deeper market surveillance. Take the Analytical Credit Dataset (AnaCredit), the latest in a growing number of regulations that demand large volumes of granular credit data. It represe...

/regulation

Allan Grody

Allan Grody President at Financial InterGroup

Fixing the Infrastructure of Finance

In Elizabeth Lumley's Blog on Jan 6th "Fix the Infrastructure of Finance or Die" she compares the broken rail system to similarities in the infrastructure of finance. To follow the railroad analogy, if you can imagine a global rail system with different track widths, that is what we have now in the bedrock of the global financial system....

Retired Member

Retired Member 

Who watches the watchmen?

With much of the new financial regulation being passed and implementation for most of it in full swing, supervision is likely to gain more attention in the coming years. Since investment firms and infrastructure providers are largely supervised by national competent authorities, it raises the question who watches the watchmen? In ESMA’s 2016 work...

/regulation

Retired Member

Retired Member 

Overcoming fragmentation in the FX market

Over the last decade fragmentation has become the defining characteristic in the global FX market. While most of the focus has been on fragmentation at the point of price discovery and trade execution, the industry faces fragmentation on several levels: Fragmented sources for liquidity Diversification of customer types Low levels of adoption of s...

/regulation

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