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Financial technology players need to answer these

I am basically a banker now associated with a financial technology player. In my various roles, I have participated in discussions with leading banks and banker. Some questions get repeated in these discussions and I have attempted to list them...

Liquidity crises and technology responses

BIS Working Paper No.293 issued in November 2009 deals with the very interesting recent market happening – liquidity crisis. It also covers some ten propositions about liquidity crises. While going through the same, I was looking for ways...

An insight into swap execution facility

Swap Execution Facility is a new entity created by Dodd-Frank Wall Street Reform and Consumer Protection Act (in US). A swap is broadly defined to include most OTC derivatives. Rates swaps, currency swaps, equity swaps, credit default swaps...

Banks’ need for financial technology

Instead, they will need ‘financial’ technology. I was motivated to reinforce this theme after going through Chris Skinner’s latest blog “Why most banks’ technology fails to meet the business needs”. I have been sharing my thoughts...

Do you want tomorrow’s technology today?

Before we delve into this question let us try to analyze why we need tomorrow’s technology today. In any industry, more so in BFSI industry, we need to know customers’ requirements beforehand so that we could equip ourselves to serve and...

Banks’ development and role of technology

Well. That was the topic of the IDRBT Foundation Day Lecture 2011 delivered by Dr C Rangarajan, former Governor of Reserve Bank of India and present Chairman, Advisory Council to the Prime Minister of India on 28th November 2011 at the sprawling...

Of Banks and Bankers

Like other business, banks exist to acquire and use assets so that the value of their benefits exceeds their costs. Their basic functions are – borrowing and lending, price determination, information aggregation and co-ordination, risk sharing...

Financial Technology Assets Monetization

I recall with pride the ‘commencement’ of my banking career as an apprentice under the legendary Indian Foreign Exchange Banker Mr. Anthony Silveira in the correspondent banking section attached to the International Division of my former...

Profit maximization through deployment of assets

It was way back in the early 1980s. I was working for a leading Indian commercial bank in Central, Hong Kong. During my stay, the branch moved from a couple of decades old premises to swanky new premises. I was calculating at the back of an...

Interface Management in Investment Banking

It may be surprising to those who are not directly involved in investment banking activities that the success in this branch of banking depends directly (and only?) on the ability of the various interfaces that facilitate investment banking...