(Editor’s note: FTF News is launching today a new area of coverage as we spotlight each month a key information technology (IT) trend that is proving to be crucial to the successful operation of middle and back office processes. For January, we focus on the eXtensible Business Reporting Language, also known as XBRL.) The open… Read More >>
Good News from the Global LEI Front
Rarely am I enthusiastic about bureaucratic standards-building processes. But a recent task force report gives me hope that international support for a system of legal entity identifiers (LEIs) is real and will help bring to fruition a key reform for over-the-counter (OTC) derivatives. Of course, this isn’t the sexy reform that grabs the headlines, but… Read More >>
Q&A: SWIFT’s Goodenough says the LEI Push Is ‘Like Birthing a Baby’
FTF News recently got a rare chance to sit down with Dennis E. Goodenough III, senior business manager, securities initiatives at the financial messaging services cooperative SWIFT. Goodenough provides insight on SWIFT’s role in the legal entity identifier (LEI) and ISO 20022 standards efforts, and SWIFT’s FX Trade Repository initiative—important industry issues that were detailed… Read More >>
Q&A: SWIFT’s Peric Says ‘Big Pressures’ Spur Radical Innovation
Since 2007, Konstantin (Kosta) Peric, based in Brussels, Belgium, has been leading a team pushing for collaborative innovation, dubbed Innotribe, for many facets of the financial services industry. As head of innovation for the SWIFT cooperative, Peric and Innotribe have helped SWIFT get a seat “at the innovators’ table,” which is a major step forward… Read More >>
Getting You Ready for Sibos
I’d like to draw your attention to our forthcoming online coverage for Sibos, the annual gathering of the SWIFT membership. This year it will be held in Toronto from September 19 to 23, and will focus on many issues near and dear to your concerns. However, the FTF News will not wait until then—our coverage… Read More >>
Toward a More Nimble SWIFT
Editor’s Note: This is the second installment of a two-part profile of Chris Church, SWIFT’s CEO for the Americas. Like all interesting journeys, SWIFT’s push to be “a more agile, nimble organization,” began with a jolt, says Chris Church, chief executive, Americas, and global head of securities for SWIFT. A halt in growth two years… Read More >>
Chris Church’s Uphill Battle
Editor’s note: This is the first in a two-part series profile of Chris Church, chief executive, Americas, and global head of securities for SWIFT. The second part will appear next week. The words “undaunted” and “single minded” come to mind when you interact with industry veteran Chris Church, who is firing on all cylinders as… Read More >>
BBH: Regulators to Scrutinize Clouds
Financial services firms should expect more regulatory scrutiny as they advance their usage of cloud computing, says Christopher C. Remondi, a managing director at Brown Brothers Harriman & Co. (BBH). Remondi, the global head of BBH’s systems and technology division, made his comments at the SWIFT Operations Forum – Americas conference in New York last… Read More >>
