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Trading before the trader

I chaired TradeTech Architecture  last week, and the conversation was all about HFT and low latency. For those not in the know, that’s High Frequency Trading, using a technology called low latency that enables ultra-high speed trading in real-time. What’s ultra-high speed? Well, I asked one panellist how fast you could process a trade around…

Trading before the trader

I chaired TradeTech Architecture  last week, and the conversation was all about HFT and low latency. For those not in the know, that’s High Frequency Trading, using a technology called low latency that enables ultra-high speed trading in real-time. What’s ultra-high speed? Well, I asked one panellist how fast you could process a trade around…

In case you missed it, Google Wallet now available

I got an email last week saying that Google Wallet had launched.   Strange … I thought it launched last May, but no this is not the launch. This is take-off. Here's what I actually received: Google Wallet now available* Get ready to tap, pay, and save Google Wallet, a mobile app that makes your…

In case you missed it, Google Wallet now available

I got an email last week saying that Google Wallet had launched.   Strange … I thought it launched last May, but no this is not the launch. This is take-off. Here's what I actually received: Google Wallet now available* Get ready to tap, pay, and save Google Wallet, a mobile app that makes your…

Why most banks’ technology fails to meet the business needs

Just enjoyed another great conference where one manager presented their IT strategy and operations. Amazingly the old nugget of the language of IT and business came up again, where she opined that IT doesn’t speak the language of business. She illustrated this issue with this amusing video from the BBC’s comedy series Big Train: IT…

Iceland: where banks are becoming just PFMs

I mentioned I was in Iceland last week, and was interested to find out what the banks were thinking. We only ever hear of Iceland’s woes and troubles, and so the ability to see first-hand what was happening to the banks was one that could not be ignored. According to Wikipedia, there are only a few…

Iceland banks1

Iceland: where banks are becoming just PFMs

I mentioned I was in Iceland last week, and was interested to find out what the banks were thinking. We only ever hear of Iceland’s woes and troubles, and so the ability to see first-hand what was happening to the banks was one that could not be ignored. According to Wikipedia, there are only a few…

Iceland banks1

Bank branches again …

There’s been quite a lot of coverage recently of the British Bankers Association’s (BBA) report about bank branch closures in the UK. Based upon the stats, UK banks are closing three branches a week.  That still leaves over 9,000 branches out there, but they are shrinking. The reasons are many – cost efficiency, movement away…

Ing

Data is a currency … we just haven’t realised its value yet

I wrote about data as a currency, like salt, on Monday and thought I’d continue this theme but extrapolated out. I’ve talked a lot already about data as a currency and information wars: money being meaningless, as data is now key; the battle over information, and how information warfare is the new game; the fact…

The real rip-off culture … is not Wonga? Part Two

One of the more outspoken reactions to my post on payday firms came from Wonga. Not surprising as my original headline was that “Wonga will wrestle with regulators”, and they will as the markets are pretty unregulated today.   A point I made last Friday.  I also mentioned last Friday that the original reason I wrote…

Wonga

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