Archive for September, 2011
Matthew Dragiff’s blog, The Remittance Data Transport Conundrum for Banks, on Finextra was great and prompted me to record some more thoughts on remittance data from a corporate perspective - Matthew's Blog
He raises some great points about what happens to remittance data when it enters the bank payment system in a standard message type, one capable of holding the extended remittance information generated by the corporates accounting system.
If the bank has adopted such a remittance base
September 30, 2011
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The SIBOS 2011 Issues Preview Edition had an interesting article around Tim Keaney's (vice chairman and CEO at BNY Mellon) views on growth opportunities for banks. 4th on his list (of 4) is FX volatility. It’s not so much the presence of FX that interested me but rather it’s qualification with ‘volatility’. Now that’s the astute bit and where banks should be pushing for growth with corporates.
For corporates, rate changes in minor / exotic currencies have always been of conc
September 27, 2011
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Basel II & III set out the best practice for banks in managing their liquidity. Industry regulators have embarked on the task of defining the measures and controls within their respective jurisdictions that must be adopted by banks. The Basel pillars put in place reserve silos as counter measures to the trading risks of banks, yet it seems that a silo approach to risk management may not succeed and could be unnecessarily costly when credit, settlement and liquidity are a closely linked c
September 14, 2011
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