Sibos News
Work as one to rise above geopolitics, industry urged
Gottfried Liebbrandt

The financial industry must work with regulators, market infrastructures and among itself to address the major issues it faces says Jamie Forese, co-president of Citi and chief executive of Citi Institutional Clients Group, during the opening plenary address at Sibos in Boston.

Collaboration and utilities key to FMI success

Collaboration between international financial market infrastructures (FMIs) and the development of industry utilities will be a key factor in removing systemic risk and reducing costs for industry participants.

T2S competition is an opportunity, says Benito

The competition that will be introduced by the European Central Bank’s (ECB’s) Target2-Securities (T2S) project among CSDs is an “opportunity” said Jesús Benito, chief executive at Iberclear. In simplifying the post-trade infrastructure of Europe, T2S is prompting new competitive forces, market entrants, challenges and even creating new words.

Regulation overkill won’t prevent another crisis

More than two-thirds of delegates who attended the Demystifying Regulators and Regulation session yesterday said they had to file reports with six or more regulatory agencies and of those, a third report to north of 11 agencies

Reports focus on global payments growth

Growth is returning to the payments industry and new market entrants are poised to take a share of that growth away from banks, according to a clutch of payments-focused white papers released at Sibos today.

Features
A guiding light
Market infastructures

Building a single regional market is a goal for many groups of nations; however Europe’s development of a single settlement platform is the only effort to come to fruition.

Next out of the block
virtual currencies

Forget Bitcoin, cryptographic payments networks will be the real game-changer, according to many people working in the payments world.

The high cost of failure

Data in all its forms and access to it in real time is becoming ever more critical as financial institutions seek to manage myriad risks.

The long arm of the law

Crypto and virtual currencies have garnered plenty of headlines in the past couple of years. Now financial regulators around the world are turning the spotlight on these instruments and attempting to bring them into the legal fold.

Changing the world

Change is a theme at this year’s Sibos. But what type of change? A cross-section of delegates discuss what they think will be the main disruptive forces in their part of the business.

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