Trying to find a unifying theme for last week’s Sibos is difficult. The best I can muster is that we are in a time of clashing extremes. For instance, while SWIFT pushed stability, major markets suffered one of their worst weeks since 2008. Overall, firms face severe competitive pressures, cost-cutting and operational pitfalls as volatility… Read More >>
Sibos News from Omgeo, Calypso and Citi
Omgeo, Calypso Technology and Citi Depositary Receipt Services have breaking news at the Sibos conference this week, reflecting the diversity of services working in conjunction with the SWIFT consortium financial messaging and networking offerings.Despite the push for automation, manual processes, laden with risks and costs, still rule the settlement and account instruction (SI) phase of… Read More >>
A Sneak Preview of Key Sibos Sessions
This week I’m previewing key sessions on securities trading issues at the Sibos show in Toronto at the North and South Buildings of the Metro Toronto Convention Center; the event begins today, Monday, Sept. 19, and ends Sept. 23.As for the sessions on Monday, I am slated to cover the Securities Market Infrastructures Forum, and… Read More >>
Q&A: SWIFT’s Peric Says ‘Big Pressures’ Spur Radical Innovation
Since 2007, Konstantin (Kosta) Peric, based in Brussels, Belgium, has been leading a team pushing for collaborative innovation, dubbed Innotribe, for many facets of the financial services industry. As head of innovation for the SWIFT cooperative, Peric and Innotribe have helped SWIFT get a seat “at the innovators’ table,” which is a major step forward… Read More >>
Getting You Ready for Sibos
I’d like to draw your attention to our forthcoming online coverage for Sibos, the annual gathering of the SWIFT membership. This year it will be held in Toronto from September 19 to 23, and will focus on many issues near and dear to your concerns. However, the FTF News will not wait until then—our coverage… Read More >>