Insights

Data has been a hotly discussed topic in the banking world for some time now. And as firms learn to adapt to the latest pandemic pressure – whether that be new working environments or unprecedented levels of market volatility –  the need for real-time visibility of their data has never been more important. But when it comes to... read more

Whilst a supporter of true artificial intelligence (AI) within investment management, I do have a problem with some of the references to artificial intelligence that I hear. I believe that most of us in the investment management world still do not truly understand artificial intelligence. What we often refer to as AI (and read about in the... read more

With the Securities Financing Transactions Regulation (SFTR) for the buyside now live, reconciliation issues linger from July’s implementation date. “People have been getting generally very good matching rates on the primary matching for SFTR, but there’s lots of work to move on in terms of actually reconciling all the other... read more

Despite growing risks of cyberattacks and the need to switch to remote working, Financial Market Institutions (FMIs) adapted well to the crisis, according to speakers at Sibos. “FMIs could quickly move to the new mode of working, especially during volatile markets. It all went smoothly,” said Fiona Van Echelpoel, deputy... read more

According to Scott Marcus, senior fellow at think tank Bruegal, the House of Representatives antitrust subcommittee’s report on bigtech mergers highlights crucial structural issues, but falls short in justifying its claims. The report - an investigation of competition in digital markets - assesses the impact of bigtech acquisitions on... read more

What are the main reasons these days for companies to pursue reconciliation automation? Reconciliation automation fits into the broader concept of business transformation in the realm of finance & accounting. To put it in a perspective, those efforts are aimed at reducing manual operations, tackling complexity, securing greater reporting... read more

In June this year, the Bank of England published the findings from its Post-Trade Technology Market Practitioner Panel, which brings together post-trade specialists to identify and discuss the key challenges facing firms. The banking industry was still very much in fire-fighting mode with respect to the coronavirus crisis and whilst the paper... read more

Banking and the wider financial services sector should be more concerned with big techs than fintech competitors, as they look to expand their offerings into products and services. Speaking on a Sibos 2020 panel, Michael King, Lansdowne chair in finance at the Gustavson School of Business at the University of Victoria said big techs will be more... read more

“Data-only transactions already dwarf payment transactions and that will just increase tenfold over the next few years, both at the domestic payment system level and at the cross-border level,” said Paul Stoddart, president, new payment platforms, Mastercard during a Sibos panel yesterday. According to Stoddart, data-only... read more