Wholesale / Commercial Banking Systems Insights


Q&A: SocGen’s Woolley on technology transformation in wholesale banking

24th July 2019

Company: bobsguide
Société Générale (SocGen) appointed Anthony Woolley as head of innovation for the UK in October 2017. Bobsguide caught up with Woolley to discuss tech innovation in wholesale banking and choosing fintech partnerships. How did you arrive at your current position? Originally, I was a computer science graduate,... read more

Are you ready for 5AMLD?

23rd July 2019

The Fifth Anti-Money Laundering Directive (5AMLD) is set to have a big impact on the payments and wider financial services sector. 5AMLD is designed to further restrict access to financial services by criminals, strengthening transparency rules to prevent large-scale concealment of funds. Amidst concerns over the terrorist threat, demands... read more

Deutsche Bank’s Global Prime Finance platform to move to BNP Paribas

11th July 2019

Company: bobsguide
Deutsche Bank will transfer its Global Prime Finance platform to BNP Paribas as part of the closure of its equities sales & trading business, according to Georgina Speight, Global Prime Finance’s lead technology manager at Deutsche Bank. Upon hearing the news of the restructuring plan, Speight said on LinkedIn she was “excited to... read more

Video: Asset managers turn to data for multijurisdictional disclosure requirements

10th July 2019

Company: AxiomSL
Asset managers working across a variety of regimes are faced with an uphill struggle with the volume of data required to comply with shareholder disclosure rules, a panel told bobsguide recently. “Regulators are expecting a lot more detail generally. The Transparency Directive in the EU drove a push for greater transparency... read more

What do consumers want to use Open Banking for?

8th July 2019

Company: Crealogix
In our recent survey of UK bank account customers, we found that only a third of respondents were aware of Open Banking, yet two thirds of the same overall consumer group are keen on the features that Open Banking promises to unlock. This is not as much of a contradiction as it sounds, because it’s just another example of how, as consumers,... read more

Banks fall into FRTB lull

28th June 2019

Company: bobsguide
European banks are taking a relaxed approach to preparations for the Fundamental Review of the Trading Book (FRTB) thanks to the extension of the implementation deadline, according to a central bank and a market participant. “There is less rush with the FRTB implementation process as outlined by the revised Capital Reporting Requirements... read more

bobsguide Awards 2019: Winners announced

25th June 2019

Company: bobsguide
It's with great pleasure that we announce the 2019 bobsguide awards - a collection of the very best in the fintech market this year. The bobsguide awards have been assessed based on the strength of tech updates and their impact on the client experience, and how the systems stand out in the marketplace. Several rounds of assessment... read more

For issuers and acquirers, PSD2's impact will be felt differently

25th June 2019

Company: Featurespace
The exponential increase in non-cash transaction volumes and the ever-rising valuation and buyouts of payments groups reflect the incredible growth in cross-border and cross-channel commerce. Instant connectivity is redefining marketplace dynamics and its effect on the relationship between banks and merchants is undeniable. In this evolution,... read more

Q&A: OakNorth CEO on hiring, growth, and preparing for a downturn

18th June 2019

Company: bobsguide
OakNorth CEO and co-founder Rishi Khosla speaks to bobsguide.  What drove you to create OakNorth? Joel and I started our first business in our 20s in 2002 – it was called Copal and did financial research outsourcing for investment banks, asset managers, PE firms, etc. About four years into that business, we were looking for... read more