Our Articles

It all comes back to haunt you

The London Whale. That story is not going away and the latest revelations have something in common with the recent LIBOR shenanigans; people pressured into doing the wrong thing. JP Morgan’s problems occurred in the London office of their CIO, the Chief Investment Officer. It seems that some of the highest paid people in the […]

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3 Basic Principles for Reconciliations

The staple diet of the Operations professional is reconciliations. Other terms might be used, such as exception management or non-STP, however under the hood it is all about reconciliation; what did we expect to happen or be the case, the plan and what actually happened or is the case. It is those reconciliations that ensure […]

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A statistical reason to outsource

As it is Summer holiday time, it would seem appropriate to have a light hearted post this week. Noodling last week with a client undergoing a massive change  programme wiht lots of jobs being offshred to India, a couple of thoughts occurred to me about offshoring, cost cutting, right sizing or transformation, pick you synonym. […]

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Why not do something just once? Internecine wars in banks

As a kid, I wondered why Chrysler had a van and Dodge had the same van even though they were in the same group. In recent years, car makers have got a whole lot smarter, with a revolution started by a Spaniard, Ignaki Lopez at VW, who kicked off an industrialisation trend. Far more often […]

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Why save messages if SWIFT fees are fixed?

This week’s post is about how fixed price deals can lead to wonky thinking. In recent years, the good folk at SWIFT have come up with a fixed price plan. Not quite the same as one of those nice all you can $5.99 breakfasts in holiday resort in America, but similar and in fact adjusted […]

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