Insights

/images/news/79781.png

Is a best-of-breed reporting system within your reach?

15th September 2020

Company: Factbook
From time to time I find myself in front of a small asset management firm that is considering a best-of-breed investment reporting solution.   Usually the key driver for such firms (with, say, AuM of under £10bn) dipping their toes in the water is that they are beginning to scale up their investment management operations and are... read more
/images/news/79780.jpg

How to save a million dollars on bank operating costs

15th September 2020

Company: Comarch Finance
An AML analyst spends an average of an hour analysing a suspicious case. Each time they have to perform a series of simple, repetitive actions. Search for a given client in the database of suspects, verify if the client is not on the warning lists, check what is known about the client from the internet. In some institutions, even a dozen or so... read more
/images/news/79778.png

Automation tipping point for financial transaction taxes arrives

14th September 2020

Company: GBST
Financial transaction taxes (FTT), a levy on financial transactions such as the purchase or sale of financial instruments, have been on the radar of capital markets firms for over a decade. The 2008 global financial crisis created political pressure to ensure that the financial sector contributed fairly to the costs of the crisis. As a result,... read more
/images/news/79776.png

Q&A: Options VP on the remote IT department

14th September 2020

Company: Options
Bobsguide spoke to Michael Russo, vice president of managed applications at Options to discuss how the explosion in remote working has affected the IT department, what this means for cloud services and how it impacts firms who still rely on on-premise IT solutions. Flexibility and “fleet-footedness” have become a priority over the... read more
/images/news/79774.png

CAT vendors discourage piecemeal solutions

11th September 2020

Company: bobsguide
Tech vendors are urging market participants to adopt end-to-end consolidated audit trail (CAT) solutions as phased deadlines complicate implementation. “It always comes down to the time and project pressures… We do the end-to-end so we control the mapping as well as the exception management. For other firms where they’re just... read more
/images/news/79771.png

US banks call for federal data sharing standards

10th September 2020

Company: bobsguide
Federal data protection standards must be created to allow open banking to take off in the US, said Abishek Gupta, head of BBVA Open Platform, BBVA during a Fintech Talents North America panel yesterday. “I agree there has to be some minimum standards across all of those principles to capture it all, and at the same time given how complex... read more
/images/news/79765.jpg

Reconciling for the payments industry: when money is the commodity

8th September 2020

Company: ReconArt, Inc.
The payments industry has undergone drastic changes in the last decade, making reconciliation critical to cope with huge volume, abundant data sources and a growing number of players involved in each individual transaction.   Yet what remains unchanged is the essence – payments are still about transactions, about making sure everyone... read more
/images/news/79764.png

Banks to move from digital to invisible services

7th September 2020

Company: bobsguide
As the new generation of customers increasingly relies on tech, expectations from the services that banks offer are also expected to change – particularly as Gen-Z and millennials focus in on financial wellbeing. “Gen Z and new consumers in the marketplace want to put so much trust and faith in [artificial intelligence] (AI). We are... read more
/images/news/79763.png

Older generations overlooked in banks’ digitisation efforts

7th September 2020

Company: Entersekt
Until recently, there was reluctance amongst some to embrace digital banking. And then the coronavirus spread. The pandemic has made many more people move to digital channels out of necessity. In their push to stay relevant, most banks have concentrated their digitisation efforts on the requirements of Gen Z and Gen Y, a growing potential... read more
/images/news/79757.png

“We don’t stand still”

2nd September 2020

Company: Kx
As regulators demand greater levels of transparency, firms adapt to the evolving landscape in which new requirements have risen in the surveillance market. Whilst some areas have undergone more changes than others, the need to access multiple layers of data remains vital within an organisation – a challenge that Kx believes to have addressed... read more