Wholesale / Commercial Banking Systems Insights
26th November 2019
Retail banking is evolving rapidly. It’s a good thing too, as firms across the financial services sector. Pay-as-you-go car insurance by the mile or by the hour, with premiums based on how well you drive using telematics are offered by start-ups like InsureTheBox and By Miles. Alibaba and PayPal offer SMEs micro-loans within minutes to... read more
26th November 2019
When it comes to commerce, the world is becoming an increasingly smaller place. Businesses of all stripes are looking to expand globally and at a pace not seen before. The growth of multinational organisations, particularly in the shared and gig economies, has introduced the need to make and receive payments in a multitude of currencies – all... read more
15th November 2019
TransUnion appoints Mike Davies as UK COO
Consumer credit reporting agency TransUnion has appointed Mike Davies as new UK COO. He will look after the UK operations, optimising business processes to support continued growth.
Davies has more than 20 years of experience in operational and IT leadership as well as business transformation and... read more
15th November 2019
Post global financial crisis (2008-09), multiple financial institutions and broad range of stakeholders raised a concern and discomfort with the institutions calculated and reported risk-weighted assets (RWA) and capital ratios. This results in analysis performed by multiple committees and agencies which indicated the material variability in the... read more
14th November 2019
The capital impact of the Basel Committee on Banking Supervision (BCBS)’s Fundamental review of the trading book (FRTB) is still being debated by the industry, according to several bankers, and market participants.
As part of the Basel III reforms, banks must choose whether to calculate their market risk capital requirements using the... read more
13th November 2019
A relatively new development is the recent growth in corporate venture capital (CVC) spending. Corporates interest in start-ups and, consequently, their involvement in both early and later-stage deals continues to rise. According to data from Pitchbook, CVC in the US accounted for $71bn of the total $135bn in overall venture capital investment... read more
8th November 2019
Fintechs involved in accelerators need to keep their independence to drive innovation, according to the deputy head of sales for global markets at Societe Generale.
“We think that it is important for the fintech to keep their agility, their independence .We are happy to accompany them, to make them grow but we don’t necessarily... read more
28th October 2019
Problems sit at the core of modern day market dynamics, according to Dan Schulman, president and CEO of PayPal.
“It is broken in certain areas… When I look inside PayPal. As a Silicon Valley company we pay very well. We pay very competitively. We look at every single location, every single job title, and we pay either at or above... read more
21st October 2019
Technology in banking has moved out of the back office and is now central to all that a bank does. In the digital age, technology enables a good customer experience that is fundamental to banking success. But many banks find themselves hamstrung by the technology that made them successful. Why?
Many banks are grappling with monolithic technology... read more
14th October 2019
In 1987, the then UK Prime Minister Margaret Thatcher telephoned Canadian property developer Paul Reichman asking him to develop London’s derelict docklands into a glittering new financial centre. The urban myth is that Reichman, who already boasted similar successes in New York and elsewhere, looked at a small-scale map of London and deduced... read more