Insights

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Wake-Up Call For The Banking Industry: The importance of performance in a customer-centric world

28th March 2014

Company: Compuware
IT meltdowns are becoming an all too familiar feature of the banking landscape. High demand for banking services on payday should be a predictable scenario; yet in February we saw three of the UK’s leading banks suffering performance issues, leaving mobile banking customers unable to make payments and transfers.  A separate issue just... read more
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Banks need to find a new IT approach to tackling regulation

24th March 2014

Company: Micro Focus
Since the Enron scandal and in the recent period of economic austerity, the public has borne witness to unprecedented scrutiny into industrial-scale problems. High profile banking outages – such as those reported at RBS, Santander, Barclays and HSBC – hand in hand with LIBOR rigging, PPI mis-selling and insider trading, has fuelled... read more
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Legacy Systems: A Ticking Technology Time Bomb

20th March 2014

Company: SimCorp
The past quarter has seen a spate of IT failures among UK retail banks, highlighting the dangers of the antiquated, legacy technology systems that dominate this sector. In late January, Lloyds customers were outraged to find that their debit cards were declined and about 3,500 ATMs were not working for approximately three hours. This followed... read more
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Dodd Frank's SEF Mandate Puts Cooperation in the Spotlight

13th March 2014

The road to mandate trading of OTC derivatives on electronic trading platforms will be long but, without a harmonised approach on both sides of the Atlantic, the process will be fraught with challenges. Although the core principles and requirements for Swap Execution Facilities (SEFs) were articulated by the CFTC at the beginning of 2011, in... read more
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Risky business: Why traders are still dragging their feet on EMIR compliance

12th March 2014

Energy trading firms face an anxious race against time to comply with new EU reporting rules for derivatives. Fortunately there are solutions -- but the time to act is now. By James Brown Less than four weeks have passed since the start of mandatory trade reporting under the European Market Infrastructure Regulation (EMIR) – and the... read more
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Show Report: 6th Annual FIX Trading Community EMEA Trading Conference 2014

11th March 2014

Company: bobsguide
bobsguide was present for the sixth annual FIX Protocol Ltd (FPL) trading conference for financial market participants in Europe, Middle-East and Asia (EMEA) which took place in the City of London last week at the Old Billingsgate market. The event was a great opportunity for both buy and sell sides to see what vendors and exchangers are doing... read more
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It is now 2014…time to change the way you think about payments

10th March 2014

It is ten years since Bacs customers had to start upgrading to Bacstel-IP to achieve improved security and speed of access, and the vast majority have not even considered the solution since, but so much has changed over the past decade. From new payment mechanisms such as Faster Payments and the Single Euro Payments Area (SEPA), to new deployment... read more
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Dodd-Frank: What you need to know

7th March 2014

Company: TeleWare
Much of the legislation passed in 2010 has come into force, although some remaining elements still need to be worked out. The Dodd-Frank regulation has embraced some regulations in Europe such as the Basel capital requirements. It is clear that the Dodd-Frank Act will have an impact on the regulations in Europe as well as other major financial... read more
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Why centralised derivatives clearing will benefit all sides

5th March 2014

Company: SS&C
It turns out that it is far easier to enact regula­tory reform than to implement it. In September 2009 G20 leaders agreed that all standardised over-the-counter (OTC) derivatives contracts should be traded on exchanges or electronic trading platforms, where appropriate, and cleared through central counterparties (CCPs). The G20 also stated that... read more
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Payments: the theme of Mobile World Congress

4th March 2014

Company: bobsguide
2014 is going to be the year of mobile payments. Mobile World Congress – the annual jamboree for the world’s mobile industry – was dominated this year by payments. Even the launches of devices, which tend now to garner all the headlines in the mainstream media covering the show – drilled down into some form of payment... read more