Archive for July, 2011

Hot topics for SIBOS 2011

Hot topics for SIBOS 2011

The world has continued to change since SIBOS 2010, held in Amsterdam.  We now move to SIBOS 2011 in Toronto where I believe addressing regulation and post-crisis risk control, and being seen to do so, will be hot for SIBOS.  These are real and present pressures on banks that I see continuing for some time to come. I believe banks that find a way to innovate their way to growth, whilst being seen to be under control, should come to the fore.  Alongside this, I believe that customer service

July 20, 2011 No Comments Full Story

Caribbean market waiting for connectivity

Overview by John Walton, Managing Director, Gresham Computing Inc, Canada We are bullish on smartphone banking globally. Two broad uses are internet banking apps and mobile payments. These services are still immature, however they are consolidating around the telecom providers (M-PESA), for example, provided by Safaricom in Kenya as well as the established financial oligopolies like those found in the G7 countries. There is a battle taking place between these and other providers; the telecoms

July 11, 2011 No Comments Full Story

Dirty Data

Dirty Data

Solution to data management No not the title of a chapter in a John Le Carre book, nor an invitation to spice up my pc. But in a recent survey looking at impediments to accurate counterparty risk measurement (and management) the top answer was, dirty data. If you extend counterparty risk measurement to include cash and liquidity exposure I'd say you're beginning to see the tip of an iceberg. My company receives account information in SWIFT or proprietary format; we transform, cleanse, aggrega

July 6, 2011 No Comments Full Story