Correspondent Banking – the new protocol

Intraday Liquidity Management reporting made possible – SWIFT enables. Correspondent banking has been under attack for several reasons. But the major use and value of correspondent banking – a relatively costly mechanism - is for the settlement of wholesale transactions by banks, particularly securities transactions, denominated in currencies in which they have no direct clearing... Read More

Who would be a G-SIB?

  Global-Systemically Important Banks are particularly under the regulatory microscope. It is an open secret in most economies that politicians are not exactly enamoured of the larger banks, particularly those which offer both commercial and “casino” banking. It has been the mission of the G20 Financial Stability Board (FSB) to ensure that the largest financial... Read More

From Data Aggregation to Meaningful Reporting

Day 2 of SIBOS was characterised for The SEPA Consultancy Ltd by a series of meetings with a number of strategic technology providers who are partnering closely with large global banks to help transform their payments and transaction banking infrastructures. A clear theme emerging from these dialogues is that whilst banks and their strategic partners... Read More

SIBOS 2015, Singapore – Day 1 Reflections

Spread across four floors of the Marina Sands Convention Centre in Singapore, SIBOS 2015 burst into life yesterday morning. Whilst it is still early days, already there are a number of themes and topics emerging that appear to be forefront of the collective mind of the wide array of participants, speakers and exhibitors at this... Read More

Why so long?

  Implementing the required liquidity risk management reforms has become a twelve-year slog.   The Credit Crunch of 2007-8 has been followed by the Great Recession, which continues.  Post crisis, central bankers and politicians have intervened as never before with vast dollops of liquidity being injected into economies in their QE exercises. And committees of... Read More