Financial IT Fall Edition 2024
- 10.09.2024 11:49 am
The view from (and into) the Middle Kingdom Who will finance - and settle - all the imports and exports? Sibos 2024 - the theme of which is ‘connecting the future of finance’ - takes place at the China National Convention Centre (CNCC) in Beijing on 21-24 October, or about a fortnight before the US Presidential Election. Put another way, the year’s most important conference in international banking is taking place in the city ‘that houses the largest number of Fortune Global 500 companies in the world, as well as the world’s four biggest financial...
Financial IT Summer Edition 2024
- 03.06.2024 08:33 am
Perpetual motion and glittering prizes Fintech - where technology meets financial services - is characterised by perpetual motion. For anyone involved in fintech, the biggest change over - say - the last 12 months will be change itself. When we asked them in May last year, that was the opinion of the organisers of Money20/20 2023. As this year’s conference - which is also taking place in Amsterdam - draws near, we believe that it is appropriate to consider a different but related question: WHY is the motion perpetual? In social sciences it...
Financial IT Spring Issue 2024
- 02.03.2024 09:18 am
About Artificial Intelligence This may turn out to be the most important edition of Financial IT magazine that we have published since the launch of the publication in November 2012. The key reason is that the main focus of this issue is a topic that is a source of great risk to the global economy and society. That topic is Artificial Intelligence (AI). At the beginning of the year, political consultancy Eurasia Group published its Top Risks 2024 report, which explains what its experts see as the top challenges for the coming 12 months. The preface to that report...
Financial IT Winter Edition 2023
- 04.12.2023 08:30 am
2023 was the year in which generative artificial intelligence (AI) took off. Where might it be headed over the next three years? At the intersection of financial services and technology, there are always large and rapid changes. However, they almost never have a direct impact on all the protagonists. ISO20022, for instance, provides a new language for banks and fintechs that are involved in payments: however, it is not something that the banks’ and fintechs’ clients need to worry about much. The European Union’s Digital Operational Resilience Act (DORA) implies costs and benefits...
Financial IT Fall Issue 2023
- 17.09.2023 07:51 pm
Technology in the time of peace The Editors’ Letter written for the Sibos 2022 edition of Financial IT had a rather grim tone. Entitled ‘Technology in the Time of War’, its main message was as follows: ‘In any event, the world is one where the leaders of financial services organisations need to become, as one of the contributors to this edition of Financial IT put it, “Wartime CFOs”. We would suggest that a Wartime CFO is one who can respond very quickly to a rapidly changing situation. A Wartime CFO may work for a long-established and traditional financial...
