Top News Stories

Massive management restructure for Instinet Asia

19 November - 11:46 AM

Instinet has announced a new management structure for its Asia-Pacific business following the move of Joseph Marchal to the position of Asia-Pacific chief executive for Instinet's Chi-X business line. The firm's new regional management structure...

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Appointments: Chi-X announces APAC chief executive

19 November - 11:29 AM

Chi-X has appointed of Joseph Marchal as regional chief executive for Asia-Pacific. In this role, Mr. Marchal will be responsible for the platform's expansion in the region. Mr. Marchal, who will report to Chi-X Global...

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SunGard integrates Markit Models into Ambit

19 November - 11:16 AM

SunGard has announced plans to integrate cashflow models from Markit with its Ambit Risk & Compliance solution suite. Markit's cashflow models will be integrated into Ambit's asset/liability management solution, to create a new tool that...

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Cicada to become unit of Chi-X Global

18 November - 03:44 PM

Chi-X has acquired ‘substantially' all of the business and assets of Cicada. Terms of the deal were not announced. This acquisition is effective immediately and includes Cicada's entire global employee base. Cicada founder and chief...

Blog Spot

Federal regulation of insurance in the US?

Posted on 12 November 2008 by Tom Groenfeldt


Strange as it may seem to outsiders, the insurance industry in the US is regulated state-by-state, a nightmare for Canadian and European companies trying to break into the market, and no fun for consumers who...

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Green banking, sort of

Posted on 11 November 2008 by Tom Groenfeldt


I wrote a piece about green banking that appears in the  latest issue of Banking Technology. It includes steps being taken by Citi and Bank of America, among others. So I was amused the other day to get...

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Predictions for Obama Economics — Financial Insights

Posted on 11 November 2008 by Tom Groenfeldt


What will the next administration do? Financial Insights ventures some predictions. “Financial Insights expects more legislation to protect consumers, incentives to reduce off-shoring, federal regulation of the insurance industry, more bank failures, and streamlining of banking regulatory...

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Industry Analysis

Happy Birthday, MiFID

11 November - 03:13 PM

The Markets in Financial Instruments Directive was conceived by the European Commission as part of the Financial Services Action Plan, a huge initiative intended to create a pan-European financial services marketplace that will give the...

Back To Basics padlock

11 November - 03:11 PM

The securities industry is a different place than it was a few months ago. Major financial institutions in the US and Europe have been through forced sales, mergers and government bailouts. Now the focus is...

Not just a lot of hot air ...

11 November - 03:08 PM

Although green initiatives have the markings of a fad, and vendors are tripping over themselves to tout their own particular technologies as environmentally friendly, environmental concern is a business trend that will continue to grow,...

Comment: The 12 step programme

11 November - 03:04 PM

Having to deal with the IT programme from Hell is no joke. Perhaps implementation is late and over budget, or the QA process has stalled, or you have no visibility of the development. Maybe the...

Comment: Youthful mobility

11 November - 03:01 PM

As retail banks struggle to find new ways to differentiate themselves, mobile banking is becoming a hot industry topic. As with any innovation, banks need to consider a number of issues before they take the...

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