Big data: A definition and what it means for FS

4th February 2014

Company: bobsguide
Big data is here to stay, although it means various things to different people, depending upon who you ask, says bobsguide blogger (aka contributing editor) Andrew Witney, Barclays’ CIO in this second instalment of his blog. In its simplest form ‘big data’ means the mass of metadata, structured and  unstructured... read more

SEPA: Corporate uptake and implications of the delay

3rd February 2014

Company: Celent
The joy of writing a topical blog is that things rarely stay static, says Gareth Lodge, a senior analyst with the Celent consultancy, in this corporate treasury focused single euro payments area (SEPA) blog, examining the issues aroused by the recent six month delay announced by the European Commission (EC). Will all European countries,... read more

Uptake figures and assessing the UK Current Account Switch Service

31st January 2014

Company: bobsguide
According to Adrian Kamellard, chief executive of the UK Payments Council, there were 306,240 retail bank account switches, representing a 17% increase, from October to December last year, following the launch of the UK Current Account Switch Service. In this blog assessing its impact, Kamellard looks at the history of the project, its purpose to... read more

Case Study: Legal & General Network rolls out Intelliflo’s Intelligent Office as its new MMR PoS solution

29th January 2014

Company: bobsguide
Legal & General Network is introducing Intelliflo’s Intelligent Office Point-of-Sale (PoS) customer service and agent solution to its Appointed Representatives (ARs) and Directly Authorised (DAs) members across the UK, which sell investments, pensions and insurance on behalf of the L&G financial services (FS) organisation, reports... read more

Data Centre locations: Out-of-town DCs V In-town facilities

27th January 2014

In this blog from Matthew Dent, chief executive officer (CEO) of Volta, a data centre facility provider, which could perhaps be alternatively titled location, location, location, the various pros and cons of out-of-town data centres (DCs) versus in-town facilities are examined, in regard to latency, power availability, fibre connectivity and... read more

Future-gazing 2014 regs: Are you ready for Basel III & the liquidity and leverage requirements of CRD IV?

24th January 2014

The Basel III capital, liquidity and leverage regime, and its implementation in Europe via the Capital Requirements Directive (CRD) IV and Capital Requirements Regulation (CRR), will present a big challenge to financiers during 2014, says Selwyn Blair-Ford, head of global regulatory policy at Wolters Kluwer Financial Services. This regulatory... read more

News analysis: CBI/PwC survey shows FS jobs on the up and tech roles set to grow

20th January 2014

Company: bobsguide
A Confederation of British Industry (CBI) quarterly survey of the financial services (FS) sector, sponsored by PwC, shows that UK jobs in the FS sector grew at their fastest pace since 2007 during Q413, with an increase of 10,000 in the fourth quarter of last year. A further rise of 15,000 is expected in Q114, according to comments at the press... read more

Future-gazing 2014: The year traditional retail banks are challenged by the cloud

20th January 2014

Company: Mambu
For as long as anyone can remember, retail banks have been large, powerful monolithic institutions. Their imposing scale, scope and size have historically been reassuring aspects to the humble customer, but in my opinion this has now become their achilles heel, says Eugene Danilkis, co-founder of the Mambu cloud-based core banking technology... read more

News analysis: WEF Global Risks 2014 report identifies wealth gap and cyber-attacks as key risks

16th January 2014

Company: bobsguide
In a press conference in London today the World Economic Forum (WEF) identified what it sees as the top risks facing the global economy during 2014 and the decade to come, reports Neil Ainger. Ahead of next week’s Davos gathering of global leaders in Switzerland, unemployment and the related wealth gap and generational tension were... read more

Recovery and resolution: Why bank tech must be flexible and robust

13th January 2014

Company: BIAN
There has been a great deal of discussion in recent years about separating ‘zombie banks’ out into their ‘good’ and ‘bad’ parts in an effort to prevent the latter from contaminating the former, and how best to dispose of those failed institutions that cannot be rescued. Whatever recovery and resolution regime... read more