IBM sent me a report this morning called “Get global. Get specialized. Or get out. Unexpected lessons in global financial markets.” The report’s theme is that the financial markets will enjoy dramatic growth except that financial firms do not have strategies to capitalize on this growth because they lack global integration. The study was performed…
Many years ago, I read a book by Bernard Lietaer on the Future of Money, which expounded the ideas of community currencies. These are currencies where you exchange time and other measures of value that are relevant to communities, rather than money which is referred to as a commercial currency. The best example of a…
Leveraging impartial research with over 50 financial institutions in 2007, a team of 15 technology vendors, with combined revenue of over €100 billion, has now targeted key hot spots which financial institutions face to comply with the Markets in Financial Instruments Directive (MiFID). Over 60% of the 1,000 MiFID requirements are being addressed, with both…
Leveraging impartial research with over 50 financial institutions in 2007, a team of 15 technology vendors, with combined revenue of over €100 billion, has now targeted key hot spots which financial institutions face to comply with the Markets in Financial Instruments Directive (MiFID). Over 60% of the 1,000 MiFID requirements are being addressed, with both…
I've recently been enjoying the spat between insurers and internet providers, especially as this will spill-over into banking before too long. Here's why. Direct Line – owned by Royal Bank of Scotland – is getting fed up with websites that compare insurance quotes. As a result, they will not have their quotes listed on these…
Yesterday was a fascinating day full of presentations on risk in the morning from a bunch of old CRO’s (Chief Risk Officers) followed by a lunch with a crock of CIO’s (Chief Information Officers). In fact, there was even one CIO who became a CRO … and that’s something that might happen more often on…
Yesterday was a fascinating day full of presentations on risk in the morning from a bunch of old CRO’s (Chief Risk Officers) followed by a lunch with a crock of CIO’s (Chief Information Officers). In fact, there was even one CIO who became a CRO … and that’s something that might happen more often on…
