May 30, 2016
$2B a year in cost. That is how much I think our industry is carrying in avoidable costs (cf. last week’s post). But who cares? Certainly the regulators don’t really care if the banks have extra costs, but they should be careful what they wish for, or avoid doing. Credit is the oil that makes […]
May 22, 2016
This week there is twice as much at stake as there was in last week’s post; $2B vs. just $1B. Every year. The focus for this post is on the external; why is it so expensive for our industry to support the daily process payments processes which make the wheels go round every day? What […]
April 17, 2016
This week’s post takes a look at how the network and applications layers of a three tiered Blockchain ecosystem might interact. For more on the three tier view of life, see the last post. In all the experimenting that is being done, there is a risk of RTW, re-inventing the wheel and FTLFH, failing to […]
April 5, 2016
Fundamentals. How often we use that term in our industry. My thoughts for this post were headed in the direction of how trading, settlement and payment would need to be structured in a Blockchain world. Those ideas were derailed as I realised how important three recent communications on matters Blockchain were. There is a lot […]
February 8, 2016
Hype. There is plenty of it around Blockchain. Nothing I do, or say, will make it go away, but perhaps I can help drive a realistic perspective on. These five lessons are the result of some conversations in London last week and some research. I hope they help others’ understanding of the shifting sands. If […]
January 12, 2016
The year is off and running. Blockchain and the potential for massive back-office savings is at the front of both mind and mouth. I offer the thoughts here with no desire “to be right”. Rather, I am suggesting that these are the areas in the FS industry which need focus and understanding. Without this, progress […]