Middle and Back Office Solutions Insights


How AI could shape the future of investment banking

26th June 2019

Company: bobsguide
Artificial intelligence (AI)'s potential is difficult to pin down. In a competitive market like investment banking every advantage is needed to come out on top in terms of profitability, lead generation and customer experience. Yet according to a June 2018 survey from Greenwich Associates, just 17% of investment professionals are... read more

Q&A: Alistair Rennie, IBM Watson Financial Services

25th June 2019

Company: bobsguide
Alistair Rennie joined IBM in 2007 in the firm’s Toronto Software Laboratory and has held a number of senior and executive roles. Previously general manager for IBM’s Industry Analytics Unit, he is responsible for leading the creation and delivery of cognitive solutions for the financial services industry. Bobsguide caught up with... read more

An alternative way of seeing data monetization

18th June 2019

Company: Suburbia
From early-stage payments fintechs to giant acquirers, every company is asking themselves the same question: “How can we turn our data into dollars?” After all, most companies these days are to some extent data companies, whether they are aware of it or not. Many businesses try to leverage certain types of data they capture, but... read more

UK Gambling Commission bets crackdown will improve AML compliance

10th June 2019

Four gambling businesses have been fined £4.5 million for failing to put in place effective safeguards to prevent money laundering as the UK Gambling Commission works to improve anti-money laundering (AML) compliance for online gambling. The announcement - a result of an ongoing investigation into online casinos - comes on the heels of the... read more

Banks’ top brass need persuading over T2/T2S opportunities

24th May 2019

Company: bobsguide
Banks’ middle management and specialists must do more to convince the executive of the opportunities and cost saving benefits posed by T2/T2S (TARGET2 & TARGET2 Securities) Consolidation. Affecting some 1,700 EEA bank accounts, the T2/T2S Consolidation project - which is due to go live in November 2021 - is a great burden for European... read more

6 best practice principles to client & counterparty data management

20th May 2019

Company: Fenergo
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

The future of client reporting and the need for joined-up thinking

15th May 2019

Client reporting is often seen as the sterile end of any investment process; a cost of doing business rather than an area that can add value for the end investor. Much of this perception is due to a lack of joined-up thinking on the part of the industry (investment managers, consultants and software vendors) concerning... read more

Seven signs you’ve outgrown your treasury management system – revisited

13th May 2019

Company: Calypso
We first published this piece in 2015 as a kind of checklist for those bank treasuries trying to achieve everything demanded of them but struggling to do so efficiently. The ‘seven signs’ were indicators of where fragmented, legacy treasury management systems may be letting them down as they tried to meet new demands. If anything,... read more

Dodd-Frank section 1071 could break SME lending barriers for fintech

30th April 2019

Company: bobsguide
Stringent data and reporting requirements could negatively impact small business lending in the US, according to the Independent Community Bankers Association (ICBA), while lawyers believe it could be an opportunity for fintechs to establish themselves in the market. Under Section 1071 of Dodd-Frank, the Consumer Financial Protection Bureau... read more