Insights

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AI replacement of current market risk models “a long way” off

31st January 2019

Company: bobsguide
Replacing current market risk models with something that has been derived through artificial intelligence (AI), especially unsupervised machine learning, “we are a long way from seeing that,” says Daniel Percy-Hughes, Consultant at Synechron. “There are a couple of reasons for that. One is that they [AI and machine learning]... read more
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People moves: First Commerce Bank, TransUnion, Edison Group and more

31st January 2019

Company: bobsguide
Dash Financial Technologies appoints CFO New York-based fintech Dash Financial Technologies appointed Scott Patrick as chief financial officer, effective January 23. Patrick has 25 years of experience in financial services and financial technology and has held positions of an investment banker, equity research analyst and a strategic... read more
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Banks must decompose legacy “ball of mud” to grab cloud opportunity

30th January 2019

Company: bobsguide
Banks need to unbundle legacy IT infrastructure if they’re to take advantage of the benefits the cloud and APIs can bring, according to Danny Healy, financial technology specialist at MuleSoft. “Banks will typically layer new technology on top of what they’ve already built. This is why we refer to this bundle as a ‘ball... read more
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Report: Fintech hubs and governments vie for post-Brexit market share

30th January 2019

Company: bobsguide
In the first half of 2018 the UK received record levels of investment in the fintech sector – with over $16bn investment, according to KPMG. That’s $2bn more than the amounts raised in the Americas and China, individually, and six more than the rest of Europe. But while the UK has been active in its pursuit of fintechs, uncertainty... read more
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Legacy on-premise data management will be a thing of the past

30th January 2019

Company: bobsguide
New findings from Adox Research has warned asset managers and investment banks that cloud deployed, insight-driven data management will become the mainstream model in two to five years time, leaving legacy on-premise solutions to collect dust. But the research conducted, which surveyed c-suite executives in 2018, found that the largest concern... read more
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User-controlled privacy through self-sovereign identity

30th January 2019

Company: Signicat
More and more, we conduct business online and through one or several digital identities, ranging from credentials issued from a single organization to a reusable, verified electronic identity. In a research report we conducted 72% of consumers interviewed wanted a digital-only onboarding process for new financial services. Coinciding with this... read more
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ING’s Joyner: Leverage loan market margins higher now than six months ago

29th January 2019

Company: bobsguide
“If you look at the leverage market let’s say ‘correction’, margins are higher now than they were six months ago,” says Dafydd Joyner, director of syndicated finance at ING bank. “There is not a huge amount of deals out there, you’ve got three or four deals out there. Whether they are a new issuer or an... read more
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Report: Cloud-based core banking vendors look to smash legacy oligopoly

29th January 2019

Company: bobsguide
A breed of emergent vendors is aiming to break apart the oligarchy ruling the core banking space and disrupt a market which has been experiencing consolidation for a decade. Those in the market suggest that cloud-based platforms could see the pureplay core system business model “come to an end”. In 2014, Gartner listed 19 core... read more
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3 myths that harm banks' service to clients in APAC

29th January 2019

In Asia Pacific (APAC) more than any other region, service quality will determine the depth and longevity of relationships between banks and clients in the near term. Sell-side firms in APAC are still building regional brands and expanding their product offerings. Their institutional customers are finding their comfort zone in terms of risk. Those... read more
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Report: Europe running out of time to conclude CCP negotiations

28th January 2019

Company: bobsguide
Trilogue negotiations began last week to discuss EU supervision of the continent's central counterparty clearing houses (CCPs) and third-country CCPs. However, with European Parliament (EP) elections fast approaching, a spokesperson close to the negotiations says that there is considerable pressure to bring the discussions to a... read more