Data Solutions Insights

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Real-time payments tech puts pressure on banks

20th April 2021

Company: INTIX
Processing payments in real-time is becoming increasingly commonplace and in turn is “dramatically” increasing the pressure on banks’ internal systems, according to Andre Casterman, chief marketing officer at Intix. The expectation that sending and receiving payments happens almost instantly has only grown since the coronavirus... read more
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Q&A: Reconciliation solutions aiming to step up travel & tourism recovery

19th April 2021

Company: ReconArt, Inc.
BG:What prospects do the travel & tourism industry face in the post-pandemic recovery period? IP: Business heavily suffered during the pandemic lockdowns. The broad travel & tourism segment has been among the hardest hit, some exited the business. Air transportation, holiday reservation platforms, hotels, recreational facilities and the... read more
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AIC: Regulators must act on Esma review

13th April 2021

Company: bobsguide
Action must be taken following the European Securities and Markets Authority (Esma)’s review into Ucits liquidity risk management and market practices which identified shortcomings in documentation, procedures and how methodologies are compiled. “Without effective regulation in the UK and Europe to ensure more realistic assessments... read more
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Receivables finance to prioritise invoice fraud threat

29th March 2021

The receivables finance industry is particularly at risk from corporate fraud with many concerned about the possible disincentivising impact that increased invoice finance fraud might have on lenders at a time when businesses need their support more than ever. Fortunately, and largely owing to the acceleration of digititalisation, there are a... read more
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Fixed income traders lean on automation

25th March 2021

Company: bobsguide
The average daily volume for fixed income electronic trading reached a new record of $10.6bn in January surpassing the previously set record of $10.3bn in May last year, according to a report by Greenwich Associates, as trading houses rely increasingly on automation. “A big impact is the migration to home working,” says Tom Britton,... read more
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Managing the financial close: Traditional challenges and challenging tradition

8th March 2021

Company: ReconArt, Inc.
Even without being acquainted with the craft of accountants, many have picked up stories about the gravity of the financial close. A nerve-racking event which takes place every year-end and originates numerous anecdotes and memes. What is financial close? The financial close is a crucial process that rounds off the daily efforts of the... read more
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Surge in digitalisation as cultural change sweeps through banking

15th February 2021

Wholesale markets have seen a large increase in the number of people executing financial trades on electronic platforms, a rise directly attributed to the pandemic, as well as improved engagement. Those banks that had platforms in place have benefitted considerably, enhancing their collaboration with the buyside on quotations, analytics, pricing... read more
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Starling’s CTA: Tech culture key to client confidence

9th February 2021

Company: bobsguide
Challenger banks’ cultural approach to technology and data analytics have become vital components in ensuring consumer confidence over online banking, according to Jason Maude, chief technology advocate at Starling Bank. “The industry thinks we are successful because we have more modern technology, but we don’t. We’re... read more
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GameStop ‘hysteria’ wont spark social media analytics boom

2nd February 2021

Company: bobsguide
Using data and analytics to scrape social media sites to combat the influence Reddit pages like r/wallstreetbets have had over markets in recent weeks is pointless, according to Toscafund Asset Management’s chief economist, Dr Savvas Savouri. Reports have suggested that hedge funds will now start scraping data from Reddit forums, using... read more