by admin | Apr 11, 2016 | Advisory, Enterprise, Fugacious
We recently attended a digital transformation round table facilitated by The Realization Group, where a wide-ranging discussion took place led by Andy Slight, of The Test People, John Marks, Director at Adaptive Consulting, Jon Davis, a FinTech leader and former CEO of FIS Europe, and Jonathan Bell, Client Services Director for DMW Group. Their main message: digital transformation involves much more than hardware and software. It’s also about people, processes and testing. Jonathan Bell, Client Services Director of the DMW Group, notes: Financial services firms are increasingly looking to undertake digital transformations, with the prospect of faster product releases, lower-touch customer environments and a wealth of valuable business analytics. But to achieve those objectives, they need to do some homework and consider a wide range of factors. Click <HERE> to read more about the discussion areas from this round-table, and <HERE> for an in-depth article on the initiative. Further Information Aiteo Consulting provides CFO advisory services to FinTech businesses. We can deliver a resourced BAU finance function for startups, successfully deploy and configure relevant cloud accounting & ERP software and support transformational change through strategic programme prioritisation, delivery tracking and project financial control. Jonathan Smith, MD of Aiteo Consulting, has acted as a Finance Director for LCH.Clearnet Group, one of the world’s largest clearing houses, and sat on the Group’s Operating and Finance Committees with lead Finance responsibility for Transformation and Change. He has also provided finance leadership for large transformation programmes in consumer financial services while working at Lloyds Banking Group and Barclays Bank. If you want to talk further about how we can help you with your digital transformation programme, click here to book a...
by admin | Apr 11, 2016 | Advisory, Enterprise, Fugacious
Late last week we attended a packed-out breakfast meeting on the regulatory timeline for margining of derivatives transactions, hosted by The Field Effect and The OTC Space. Updates were provided by CloudMargin, NetOTC, Clearstream and TriOptima. Unsurprisingly, technology has proved to be a key enabler in helping these firms to develop solutions to meet the bilateral margin regulations taking effect in September 2016. Whilst only the largest firms have to exchange Initial Margin from September, ALL firms have to carry out daily margin calculations and calls for Variation Margin from March 2017, something which should be in the minds of everyone who uses OTC products. The OTC Space has produced a special edition of Rocket Magazine which provides an excellent snapshot of the latest services. The content includes: Collateral Hurdles: Understanding Regulatory Challenges and Industry Solutions (Bill Hodgson from The OTC Space and Nick Stafford from The Field Effect) Margining and Collateral: The New Operating Model (David Field and Nick Stafford from The Field Effect) The Game Changer for Collateral Management (David White, TriOptima) Beyond Standard Two-Way Margining (David Maloy, COO NetOTC) Are You Ready For Uncleared Derivatives Margining (Banu Apers, Clearstream) The Future of Collateral Management (Karl Wyborn, CloudMargin) If you’d like to receive a full colour, 36 page printed copy, please visit their shop and purchase yours, or contact them to arrange discounts for bulk orders. This publication is the most up to date picture of what the latest Collateral platforms are offering. Further Information: Aiteo Consulting provides CFO advisory services to FinTech businesses. We have successfully set up a resourced finance function for a startup firm...
