January 22, 2014
With new rules coming into effect on Jan 1 2015, this is the second in a series of posts on how banks and FI’s might adapt. Humble Those that can measure may well find that they are surprised by the results. The sheer volume of credit taken will see the regulators require that they increase […]
January 4, 2014
Humble apologies, a virus crept into the email of the latest post. I hope this is spam free! With new rules coming into effect on Jan 1 2015, this is the first in a series of posts on how banks and FI’s might adapt. Those FI’s who do not clear directly and opt for indirect […]
December 15, 2013
The BCBS guidelines are titled “Monitoring Tools for intraday liquidity management”. The title is disingenuous; from the perspective of the banks they are not tools, they are KPI’s or KPI’s. Key Risk or Performance Indicators. And, they are a measure of credit taken and credit given. The more you either take or give, the more likely […]
December 8, 2013
Liquidity in banks is like water in a big city; people assume that when they turn on the tap it is there. The banking world is now a year away from a major change in how it has to measure its intraday liquidity usage. How it responds matters, to the tune of millions in […]
November 25, 2013
Inspiration for this week’s post comes from the Far East, where the local operation of a Swiss bank was recently revealed to have been the victim of a $13mm dollar payment fraud. Now fraud will happen, yet what makes this worth a second look is that it happened in such an obvious risk area, that […]
November 7, 2013
People are our most important asset. A well used saying in many corporate values statement. I think there is a special, vital ingredient on the infrastructure side of the house which deserves mention. Institutional memory. In a recent article on the Warren Buffet / 3G takeover of Heinz, there was a cutting comment about the […]