Insights

Over the past few years industries and governments have prioritized diversity and rectifying gender-related pay disparities, but a recent bobsguide survey suggests much is to be done within the fintech sector. The survey – carried out in March this year - revealed perceptions among participants of a gap in the ratio of males to females in... read more

Financial services firms are pulling together data from silos to create a holistic view of their clients, having been emboldened by new technological capabilities and regulatory nudging from rules like the general data protection regulation (GDPR), says Steve Elliot, managing director of LexisNexis Risk Solutions. “Traditionally, firms... read more

While many in the industry are lobbying for a delay in initial margin requirements for non-cleared derivative trades, Patrick Pearson, head of the financial market infrastructure and derivatives unit at the European Commission says the regulation is inevitable and smaller firms must accelerate their adoption of technology. “The European... read more

The role of client and counterparty risk management has assumed greater strategic importance over the last few years in light of heightened regulatory scrutiny and the introduction of new rules around AML/KYC, ultimate beneficial ownership, global data privacy and investor protection rules. With the growth of AI/RPA-enabled compliance processes,... read more

Banks and technology giants are locked in a battle to provide the best customer experience, though financial services firms often have the advantage of a better technological foundation. Speaking this week during a bobsguide webinar, Scott Abrahams, senior vice president of business development at Mastercard UK, said while technology giants are... read more

The development of EBA Clearing’s RT1 platform has reached critical mass in Finland with the support of the country’s six major banks, says the payment service provider’s CEO Hays Littlejohn.  “It’s not as though we made any kind of particular effort just for Finland, it’s more that those banks chose to... read more

As regulation, customer expectation and increased data volumes push legacy bank data models to breaking point, UK financial services provider Nationwide has added a real-time event-streaming platform. “We’ve recently announced a large investment to modernise our IT estate. Kafka and this data architecture forms probably the number... read more

Financial services firms in the US are being overwhelmed by the volume, variety and velocity of sensitive data they have to process, according to Kristina Bergman, CEO of Integris Software, and calls from the Consumer Banking Association (CBA) for a federally-mandated privacy law could help solve a patchwork of state legislation. Earlier this... read more

Despite disagreement over the liquidity level of exchange traded funds (ETFs) thanks to the volume number of funds that are traded off-exchange, ETFs remain liquid, said Deborah Fuhr founder of ETFGI at a conference in London this week. However, not everyone agrees. Europe’s Market in Financial Instruments Directive (Mifid II) requires all... read more

A lack in resources due to pressure from upcoming regulations, and failure by regulators and associations to come to a consensus on how to navigate the transition away from Libor means firms should ensure they have the legal technology ready to survive the next couple of months, both lawyers and legal service firms agree. “I haven’t... read more