Operational Risk. 3 final observations on the 2011 $2.3B loss at UBS caused by a rogue trader. Insight form the coal face; in 2011 UBS had a $2.3B loss created by rogue trader Kweku Adoboli. Beyond the…
ISITC EUROPE moves to a Community Interest Company ISITC EUROPE is now a fully regulated ‘not for profit’ Community Interest Company, remaining one of the City’s longest community…
Banking on SOA framework Without reiterating why traditional banks need a change of IT culture and DNA, I would like to elucidate how adopting…
What is a FIGI Certified Provider? Within the standard for FIGI (the Object Management Group standard for Financial Instrument Global Identifiers), there are two roles specified.…
Impact of PSD2 on the European Banking System PSD2 is the major administrative change confronting banking partners in the European Union this September. What is the effect of…
Culture and how to fix Data I recently attended the annual end of year EDMCouncil Meeting in New York, and was happy to listen in to…
Forcing the Wrong Answers to Fit the Wrong Standards Standards are a good thing. And they can be a bad thing. One of the bigger issues with standards is…