Data Solutions Insights


UK challenger aims to simplify overdrafts

25th January 2019

Company: bobsguide
A spokesperson for challenger bank N26 believes that “traditional banks have historically charged hidden fees and higher rates”, unfairly affecting customers who may have “unknowingly or accidentally used the overdraft function”. In December, Financial Conduct Authority (FCA) chief executive Andre Bailey announced... read more

OneSavings Bank: UK retail banks not set for share plummet

23rd January 2019

Company: bobsguide
“We’re comfortable with how we allocate risk weighted assets. From our view it suggests it’s idiosyncratic to Metro Bank,” says Alastair Pate, head of investor relations at OneSavings Bank, commenting on Metro’s dramatic price plummet today. Metro Bank shares were down -37% at the time of publication. The high... read more

Mifid II: one year on

22nd January 2019

Company: AutoRek
Having worked on many large-scale projects, nothing beats the feeling of completing something you have laboured over for months and years. The uphill struggle of battling complex requirements and trying to meet milestones, deadlines and budget gives way to a sense of achievement.  For most working on the second Markets in Financial Instruments... read more

Getting the best from the client-vendor relationship

21st January 2019

For buy-side firms, the need to manage operations with more efficiency has never been greater. Rising regulatory costs and fee compression driven by passive funds have caused asset managers to scrutinise every area of their processes like never before. The relationship between an asset manager and its vendor partners is one such domain that is... read more

Challenger J-Curve business model ultimately leads to “conduct problems”

16th January 2019

Company: bobsguide
The mentality of racking up overheads in order to acquire customers leads banks to act on their own and not the customer’s best interest later down the line, says Andy Mielczarek, CEO of Chetwood Financial, the new challenger and lender. “When I reflect on the 2008 crisis and the mis selling and position of banking in the UK, it... read more

System consolidation to save firms from SFTR struggles

16th January 2019

Company: bobsguide
Systems consolidation is the name of the game if firms are to meet the reporting requirements of the Securities Financing Transactions Regulation (SFTR), according to Broadridge senior product director, Dean Bruyns. “Obviously it takes work and it takes budget. These are challenges that all banks have,” says Bruyns.... read more

6 trends in insight driven data management

14th January 2019

Company: Asset Control
Financial institutions need to improve data quality and availability not only to meet operational goals, but to contribute to core competencies in managing investment performance, reducing risk and meeting compliance goals. Our research shows firms are looking to adopt new and additional capabilities to derive higher levels of business value from... read more

5 key questions about alternative data

11th January 2019

Company: Suburbia
Alternative data has quickly become the hot new area in data science. As the world is becoming more transparent and digital, the number of virtual footprints increases, as does the availability of data. Satellite imagery, social media posts, geolocation tracking – they all make for new, exciting sources of information that contain all... read more

Open Banking clears way for tech giants to move into financial services

10th January 2019

Company: bobsguide
Two in three (66%) of UK banking decision makers believe the tech giants will be offering retail banking services by 2024, according to a recent survey. The tech sector – led by Google, Amazon, Facebook and Apple (GAFA) – are well poised to embrace Open Banking, according to banking commentator Elizabeth Lumley, director of fintech... read more

The 2019 fintech conferences not to miss

8th January 2019

Company: bobsguide
Conferencing is a key part of the fintech industry and one of the only ways to stay up to date with the ever quickening pace of technological change in the sector. Bobsguide compiled and previewed the fintech events not to miss of 2018 and this year is no different. This list provides you with all the dates, prices and event bios all in... read more