Wholesale / Commercial Banking Systems Insights

The path to payments efficiency: payment factories

The path to payments efficiency: payment factories

22nd September 2011

Alex Wong, solutions consultant, GTS at Bank of America Merrill LynchPayment factories - though not a new invention - are still surprisingly rare. However, their importance on the strategic value creation chain is undoubted. The step itself of realising a treasury function is the most challenging due to the time, resources and investment needed by... read more
Sibos 2011 - The devil is in the regulatory detail

Sibos 2011 - The devil is in the regulatory detail

21st September 2011

Company: bobsguide
“We’ve learned that what is extreme is much more plausible. And what is plausible is much more extreme.” (Lawrence Sweet, senior vice-president at the Federal Reserve Bank of New York) Regulation and its impact on the global financial services industry was a key topic as tongues at Sibos 2011 continued to wag well into the second day. Much... read more
SWIFT for Corporates 2020

SWIFT for Corporates 2020

21st September 2011

By Eric Campbellchief technology officerBottomline TechnologiesTen years ago, SWIFT announced the availability of corporate access to its network. However, joining SWIFT was often seen as a challenging project, not for the faint of heart, which required outside expertise. Plus, the process was often disjointed, complex and slow. How much of this... read more
Sibos 2011 - ‘May the IT forces be with you’

Sibos 2011 - ‘May the IT forces be with you’

20th September 2011

Company: bobsguide
The time for preparation is over. With the doors to the Toronto’s Metro Convention Centre now officially open, the dialogue surrounding the key themes of regulation re-visited, technology, global and local perspectives and changing landscape - new expectations has well and truly begun for the 7,000 plus registered participants. New technology and... read more
NFC Payments: It starts with the wallet

NFC Payments: It starts with the wallet

15th September 2011

Company: Microsoft
By Colin Kerr, industry solutions manager, worldwide financial services, Microsoft The problem with mobile payments is that everyone has a different definition. Efforts to define what constitutes a mobile payment are complicated by different geographic expectations, mobile users’ experiences, payment systems, regulations and the relative strength... read more
Evolving view of counterparty risk

Evolving view of counterparty risk

15th September 2011

By Alberto Corvo, managing principal, Financial Services, eClerxAlthough the issue of risk management has been around for a long time in the financial services industry, current volatile market conditions, coupled with the lingering effects of the 2008 financial crisis, have brought risk management into sharper focus. Risk managers know they need... read more
Customer retention through innovation

Customer retention through innovation

14th September 2011

Company: ACI Worldwide
Wholesale payments businesses are expected to be innovators in what has become a commodity market. Craig Ramsey, Wholesale Solutions Lead at ACI Worldwide, offers a three-stage outline on how innovation can be leveraged for competitive differentiation and increased market share.Retail banking is facing a seismic shift in consumer expectations... read more
Banks lean on their transactions business

Banks lean on their transactions business

14th September 2011

Company: Finastra
By Olivier Berthier, solutions director, Transaction Banking, Misys The term transaction banking, although increasingly common, is not yet fully defined within the industry. Different banks have their own interpretations, with a number of business lines potentially coming under the umbrella. Despite this ambiguity, there are two key pillars on... read more
SWIFT - making it easier to drive e-invoicing adoption

SWIFT - making it easier to drive e-invoicing adoption

13th September 2011

By Marcus Hughes, director of business development, Bottomline TechnologiesCorporate adoption of SWIFT has been a growing trend for many years. As we head into Sibos in Toronto, the focus on SWIFT for corporates has been sharpened due to SWIFT’s new electronic invoicing (e-invoicing) initiative. Whilst there is general agreement on the payments... read more
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Data management is ‘key to everything’, says vendor

12th September 2011

Company: bobsguide
Data management and the demand for clean data ‘underpins’ much incoming regulatory reform to the financial services sector, an IT vendor has said. Neill Vanlint, managing director, client operations, EMEA & Asia at GoldenSource, said that the need for data transparency and data integrity is at the heart of initiatives such as Solvency II and... read more