Industry wants to avoid the emergence of multiple identifiers and is worried ISINs will not be adopted globally for derivatives
Marriages of inconvenience
The financial crisis showed that not nearly enough attention had been paid to liquidity risk management by either banks or supervisors. Extensive regulation has been proposed in response, but what will this mean for the financial sector? A group of liquidity...
Financial consultancy firm CityIQ, commissioned by Swift and SmartStream, canvassed over 240 firms about their activities in the corporate actions arena. The May 2003 survey showed widespread automation potential.
International Bank of Taipei (IBT) plans to automate its nostro reconciliation process to improve its operational risk by deploying SmartStream Technologies’ Corona transaction management solution.
Smartstream Technologies, the London-based provider of reconciliation and trade confirmation management solutions, plans to let fund managers create electronic notification of trade execution through its latest electronic trade confirmation (ETC) module,...
Basel II is set to come into play in 2005, bringing a host of opportunities for vendors along with the new framework for banking supervision. Andrew Partridge examines the potential and some of the challenges for the suppliers and users of financial technology.