Wholesale / Commercial Banking Systems Insights


Does digitalisation increase bank profitability?

23rd September 2019

Company: Prometeia
Bank profitability in Italy and in the euro area has improved from the post-crisis lows. However, for many banks, earnings are still below what is required by investors and the recent slowdown in economic growth could threaten the recovery of banks’ profits. Why is this a problem? Why does banks’ profitability matter overall, not only... read more

Getting affordability right in the age of challenger banks

18th September 2019

In August, challenger bank Monzo announced it will begin offering short-term loans to its 2.5 million customers. This is an interesting move for the challenger bank, particularly considering the animosity felt towards many payday lenders following the collapse of Wonga last year. In January 2015, the UK's Financial Conduct Authority (FCA)... read more

Q&A: Nomura's EMEA CTO Nick Wadge

6th September 2019

Company: bobsguide
“The two results of a proof of concept we conducted show that by using AI we could improve the hit ratio and lead to higher trading revenues while lowering costs,” Takumi Kitamura, chief financial officer at Nomura Holdings said on a conference call announcing the firm’s first quarter results in July. “[W}ith advances in... read more

Libor fallback language management causing unrest

4th September 2019

Company: bobsguide
The negotiation of bespoke fallback clauses as firms weave their way through the transition from Libor presents a huge task, despite work by regulators and industry bodies to ease the process, according to fintech vendors. While most standard fallback clauses are defined by the International Swaps and Derivatives Association (Isda), and the... read more

Fragmented market and regulatory guidelines create Open Banking headache for PSPs

3rd September 2019

Company: TAS Group
Open Banking should have been a huge opportunity for Europe’s payment service providers (PSPs), but so far a lack of unified standards, the absence of harmonised fraud reporting requirements as well as the confusion around strong customer authentication (SCA) has caused great unrest for those within payments. In June, when the European... read more

Singaporeans may show reluctance towards digital only banks

29th August 2019

Company: bobsguide
The Singapore market might not be ready for fully digital banks despite the city-state’s regulator announcing five digital banking licences this week, according to Doug Gyani, principal consultant at Principia. “I think the interesting question here is, what is the demographic that responds well to that service level?” asks... read more

Revolut targets business banking market

19th August 2019

Company: bobsguide
Following the launch of its expenses management tool last week James Gibson, senior product owner of Revolut confirms the bank is pivoting more to the business banking sector. “We see a lot of potential and opportunity for businesses in the UK and the rest of Europe. It’s of huge strategic importance to us,” he says. ... read more

Q&A: SocGen’s Woolley on technology transformation in wholesale banking

24th July 2019

Company: bobsguide
Société Générale (SocGen) appointed Anthony Woolley as head of innovation for the UK in October 2017. Bobsguide caught up with Woolley to discuss tech innovation in wholesale banking and choosing fintech partnerships. How did you arrive at your current position? Originally, I was a computer science graduate,... read more

Are you ready for 5AMLD?

23rd July 2019

The Fifth Anti-Money Laundering Directive (5AMLD) is set to have a big impact on the payments and wider financial services sector. 5AMLD is designed to further restrict access to financial services by criminals, strengthening transparency rules to prevent large-scale concealment of funds. Amidst concerns over the terrorist threat, demands... read more

Deutsche Bank’s Global Prime Finance platform to move to BNP Paribas

11th July 2019

Company: bobsguide
Deutsche Bank will transfer its Global Prime Finance platform to BNP Paribas as part of the closure of its equities sales & trading business, according to Georgina Speight, Global Prime Finance’s lead technology manager at Deutsche Bank. Upon hearing the news of the restructuring plan, Speight said on LinkedIn she was “excited to... read more