Insights

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European buy side sets sail for growth

9th July 2019

Company: SimCorp
Cost-cutting has been a go-to for many buy-side managers since the financial crisis, as fees, and therefore margins, slumped while regulatory outlay soared. But 10 years since the darkest days in investment management, a corner has been turned. The 100 buy-side firms we spoke to for this year’s industry survey displayed a... read more
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Corporates turning to non-bank treasury solutions

8th July 2019

Company: bobsguide
Banks that offer treasury services are losing market share to third parties and technology firms, according to new research. Data from a Finastra survey this month show that 70% of corporate treasurers believe there will be a shift from bank to non-bank services within their companies in the next two to five years. “Banks have become... read more
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Video: Asset managers struggling to interpret regulations

8th July 2019

Company: AxiomSL
As new rules are applied to asset managers, data sourcing and management are growing challenges for firms, according to a video panel conducted by bobsguide.   “It’s the confluence of the rules coming into play,” said Gaurav Chandra, global product manager - shareholding disclosures at AxiomSL. “They need a... read more
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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
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6 best practice principles to client & counterparty data management

8th July 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
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SME expectations to force change in banks’ tech strategy

4th July 2019

Company: bobsguide
Changing expectations among Small and medium enterprises (SMEs) will force banks to acquire new technology and drastically change their development culture, according to Louis Carbonnier, co-founder of SME insurance firm Hokodo. SMEs have at times been left in a no man’s land, without insurance, funding, or proper services, says... read more
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Manual AML processes lead to poor quality SARs

4th July 2019

Company: Featurespace
Anti-money laundering (AML) Suspicious Activity Reports (SARs) are of poor quality due to the reliance on manual processes, according to Martina King, chief executive officer of Featurespace. “I think the problem is that so many of the systems and processes around AML are manual. The promise of machine learning is that you should be able... read more
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Brexit uncertainty triggers Fidor Bank UK exit

4th July 2019

Company: bobsguide
Fierce competition in the UK digital banking market and economic uncertainty in the build up to Brexit could have contributed to Fidor Bank’s decision to leave the UK market according to Gary Prince, founder and CEO of Astus Munia Consilium and former vice president of UK mobile payments at Barclays. “Market uncertainty will always... read more
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Asset and wealth management solutions driving competition

3rd July 2019

Company: bobsguide
As profit lines continue to narrow and competition increases, having a system that will stand out in a highly populated sector is crucial. To help you navigate through the increasing number of asset and wealth management solutions, we’ve put together a list of those making an impact in the industry at the moment. Broadridge Founded... read more
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Overconfidence and overreliance: the two mistakes of SFTR implementation

3rd July 2019

The investment banking sector has coped with relentless regulatory change over the last 10 years. However, despite these tighter regulations and updates, the industry has continued to flourish. Indeed, the regulatory demands have led to an increased focus on streamlined processes and innovative technology. For transaction reporting in... read more