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A community for discussing the latest happenings in banking IT. Credit Crunch impacting Risk Systems overall, revamp of mortgage backed securities, payment transformations, include business, technology, data and systems architecture capturing IT trends, 'what to dos?' concerning design of systems.
Over the past 18 months or so the number of high-profile software failures in our sector have been numerous; Tokyo Stock Exchange, RBS, ICAP, BATS, Knight, LCH Clearnet to name but a few! Only last we...
Dear Bank IT Manager, More than one year ago, I started the blog “About your P&L Platform”. During this time I have tried to explain the Dos and Don’ts, structuring my thoughts in a Six-W analysi...
When you're about 4 years of age, piggy in the middle is a fun game, but it kind of loses its lustre by the time you get to 5. At the tender age of 42, I don't ever want to play it ever again, but my ...
Dear Bank IT Manager, It has been a long absence since I wrote down my latest post in March. Well, I have no excuse, at least none that can be made public. During this time several people have contact...
With immense pressure on the last few miles to run to meet the SEPA timelines, current few interesting challenges faced by banks are common but still time and money consuming. Recently, EBA Day had va...
Dear Bank IT Manager, You might wonder why I have disappeared for a month and a half. Well, it has been a hectic period with a lot of projects commencing at the same time. When are banks going to move...
The mobile device market is continually changing, and this makes the technology choices for any company quite challenging. In the last six months, for example, Apple’s iPhone has remained a powerful b...
Dear Bank IT Manager, I hope that you have had a good Christmas / New Year period: covered by a romantic snow if you are in the North or blessed by a brilliant sunlight if you are in the South. Person...
“Beware of the geeks bearing formulas” said Warren Buffett. Although aimed at quants and their complex financial models, sometimes I feel this statement is as equally as applicable to members of the I...
Dear Bank IT Manager, In my last post I committed to send a new update once I ate my first rocket salad. Mission accomplished: It was simply delicious. By the way, you asked what P&L tools and veg...
Dear Bank IT Manager, My most sincere apologies for being so quiet all this time. But I have been rather busy these last weeks… Did I mention in my latest post that P&L complexity should not be un...
Dear Bank IT Manager, I am aware that you would like to build a new Profit and Loss (P&L) platform from scratch. Perhaps you have dozens of redundant and sometimes inconsistent P&L application...