In case you missed it... the industry opinion that has generated the most interest on bobsguide in 2017 to date.
Matt Fisher - Vice President of Marketing & Communications, Snow Software
Many customers have a form of love/ hate relationship with their software providers. While they love the functionality and how it empowers their company to operate and even gain competitive advantage, everyone grumbles about the rising costs.
This is certainly true for SAP, which has long been a business-critical piece of technology for many organisations, and is often perceived as a necessary evil for CFOs forced to manage its growing cost. But now the company appears to be taking its relationship with its customers to a new level.
Natallia Babrovich - Business Analyst, ScienceSoft
Soon after being elected, Donald Trump signed an executive order for the US Treasury Department to revise the Dodd-Frank Act. This news arose tremendous enthusiasm among community banks, since they had been very seriously affected by this post-crisis legislative act. But what do challenger banks hope this revision will achieve?
Hans van der Linde - Head of Operations & Business Development, targit GmbH
Although the framework regarding the ex-ante and ex-post cost transparency seems to be well defined by ESMA in MiFID II, a number of questions remain unanswered and leave the directive open for misinterpretation, confusion and potential conflicts between customers and their financial institutions or brokers.
In this article we try to provide the ingredients to help you understand the transparency obligation and its impact on both consumers and your business.
Laurent Chemla - Principal Consultant, Adsatis ltd
The second half of 2016 suggested that the outlook for the investment banking industry was positive, with the U.S banks leading the way as FICC revenues began to recover. Many commentators are suggesting that the golden days of banking are over and that the combination of digital disruption and the modern regulatory burdens mean that investment banking is an industry in decline. We have a more optimistic outlook – there’s no doubt that the industry will need to reinvent itself, but the industry has historically been good at this.
Wayne Johnson - Co-Founder and CEO, Encompass Corporation
The effects of enhanced regulations on the financial services industry will be significant. HM Treasury is currently consulting on the implementation of AML4 into UK law. Despite voting to leave the EU, the way in which AML4 is implemented here in the UK is unlikely to change.
So how does AML4 differ from AML3, what steps should business be taking to ensure they are fully compliant, and are there any, perhaps unintended, consequences that business should be aware of?
Daniela Eder - Cash Management Business Development Manager, BNY Mellon
Technological innovation – driven by the emergence of a tech-hungry generation – has become a huge catalyst for change across the financial services industry. Certainly, the payments space has altered significantly in recent years, with new players including fintechs and challenger banks entering the market, and increasingly sophisticated digital solutions coming to the fore.
It is crucial that regulation works in tandem with the evolving market to ensure it remains fit for purpose and can effectively address the needs of the environment. And in recognition of the degree of change taking place, European legislators are revising and updating the Payment Services Directive (PSD).