Data Solutions Insights

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Are we nearing the end of Hadoop and big data?

12th December 2018

A few weeks ago, two giants of the big data Hadoop era, Cloudera and Hortonworks, announced they would be merging. The announcement claimed it would be a “merger of equals.” It is fascinating to see these two groundbreaking pioneers coming together. I remember several years ago when they burst onto the technology scene. They promised... read more
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Higher fees for non-3DS compliance as deadlines loom

11th December 2018

Company: TAS Group
The global rollout of EMVCo’s Three-Domain Secure protocol (3DS) continues in earnest as the card networks impose geographic deadlines for the implementation of 3DS2 (3DS 2.0, as it is also known) by 2019 and 2020. In the meantime, the card networks will take the stick to straggler merchants and issuers in the form of higher fees for... read more
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Cash optimization with multi-currency and virtual accounts

11th December 2018

Company: BELLIN
In today’s global marketplace, treasurers face the increasingly complex task of managing a corporation’s liquidity. As multinationals expand their overseas operations, more and more bank accounts are being opened for different geographic regions, currencies, and business needs. With so many accounts, bank account structuring and... read more
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Selecting the right data management platform

11th December 2018

Company: AIM Software
As more market participants realize how essential strong data governance is over the past few years, the market for enterprise data management (EDM) solutions has grown exponentially. While there are many vendors out there, choosing the right one can be crucial for the firm’s long-term success. Bobsguide spoke with Maurice Heffernan, Chief... read more
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Contino’s Fregosi: No “winning solution” for cloud migration

7th December 2018

Company: bobsguide
Without a unique solution migrating old legacy code workflows to the cloud remains a challenge, according to Frederico Fregosi, principal technical consultant for Contino, and former lead site reliability engineer for development operations at Curve. “Most of the code is legacy code. Most of the code has already been written, this means... read more
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Nationwide head of transformation: “We’re taking our time with Open Banking”

6th December 2018

Company: bobsguide
“Most people who are working on the Open Banking initiative would agree that the collective uptake rate has been less than expected,” said Matt Perks, head of transformation at Nationwide, during a presentation at Fintech Connect outlining the building society’s approach to Open Banking. Open Banking continues to dominate the... read more
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Consent dilemma a major hurdle to Open Banking ecosystem

5th December 2018

Company: bobsguide
Nearly a year on from PSD2 implementation, UK consumers remain none the wiser over the benefits of sharing their data across the financial ecosystem, according to Roland Fejfar, vice president of fintech at Morgan Stanley, who was speaking at FinTech Connect. “72% of UK consumers haven’t heard of Open Banking, with 77% unwilling to... read more
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Platformification – the end of banks but the future of banking?

3rd December 2018

Niels Bohr, the Danish, Nobel-prize winning physicist once said “prediction is very difficult, especially if it’s about the future”. However, there is something about human nature that compels us to make predictions, and there is something else about our nature that seems to delight when those predictions turn out to be... read more
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Beyond STP: setting the scene for smarter trading

3rd December 2018

Becoming smarter with the management of data is key to driving efficiency, accuracy, and innovation in most industries, via rules-based automation. However too often data complexity, caused by integration issues, incompatibility and poor visibility, makes it difficult for Capital Markets organisations to move forward.... read more