Insights

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Enough is enough: the onslaught of FS regulatory demands won’t cease, so capital markets participants need a new approach

5th December 2019

After more than a decade of intensifying regulatory scrutiny, and calls for greater transparency across financial markets, it is striking that so many capital markets participants are still mired in compliance-related IT and data complexity without an end in sight. Ultimately, this is because they have not solved some fundamental trade data... read more
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FIA Tech’s Davis: Futures industry must prioritise tag 1031 codes

4th December 2019

Company: bobsguide
Brokers, exchanges, and clearing houses must make implementation of the Future Industry Association (FIA)’s execution source codes a priority to reduce friction in brokerage settlement according to the head of strategy for FIA Tech. “In the absence of the tag, the clearing broker has no idea how the trade was executed... read more
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Banks to re-think customer data usage

4th December 2019

Company: bobsguide
Customer expectations of their data usage may not match that of banks according to a panel at FinTech Connect in London this week. “I think there’s a very fine line between using the data in a way that increases trust and makes the customer feel safe and guided, and then on the other side trying to sell stuff to them,”... read more
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How in-branch video banking enhances customer service experience

4th December 2019

Company: Auriga
While they turn to online banking, and given the rise in digital transformation, the most customers still appreciate the need for financial advice face-to-face, especially for complex transactions or help. Accenture’s recent study of financial service consumers show that on average two-thirds of consumers favour face-to-face interaction with... read more
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Banks debate regulators' role in driving innovation

3rd December 2019

Company: bobsguide
“We need to be proactive on either side: regulators and financial institutions. What we need to do is bring all the relevant parties onboard on this digital journey, and this could be the regulator or it could be internally within the bank. All these people need to be involved right from the start,” said Sotiris Manderis, MD digital,... read more
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Responsible investment definitions dependent on investment platforms and IFAs

3rd December 2019

Company: bobsguide
Asset managers are torn on how the industry is likely to adopt the Investment Association (IA)'s common language framework for responsible investments.  “It is picked and adopted at scale by the intermediaries and by that I mean the investment platforms, the likes of Hargreaves Lansdown… and the independent financial... read more
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Give thanks for the Fed – intraday liquidity reflections from New York

3rd December 2019

Company: Planixs
I’ve just returned to the UK after a week in New York where I was able to test the latest thinking and progress on intraday liquidity in the US and Canada. Here I provide six reflections on how firms are addressing the intraday challenge - keep reading to the end as reflection six explains how the Federal Reserve is increasing the intraday... read more
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Navigating turbulent waters: Are we prepared for the Basel journey?

3rd December 2019

Company: AxiomSL
The expansion of Basel requirements involves more than a simple finalisation of Basel III reforms. The updated requirements and new calculation rules are so comprehensive that they have been informally dubbed Basel IV and there is no industry consensus on what a future Basel regulatory scenario may look like. This is partly because evolving... read more
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Report: Race on for CCPA compliance

2nd December 2019

Company: bobsguide
With the California Consumer Privacy Act (CCPA) going into effect on January 1, firms with activities in the world’s fifth largest economy are fighting against the clock to get their houses in order to comply with the requirements, according to lawyers and market participants. “There’s so much to do and we’re running... read more
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Q&A: BNY Mellon CDO on data culture

2nd December 2019

Company: bobsguide
Gary Barr is the chief data officer at BNY Mellon. We caught up with him to discuss changes in data culture, the organisation’s data management strategy, and different approaches to fintech partnerships. There has been a lot of talk around central storage and data cleansing. What is BNY Mellon’s approach to managing the... read more