Markets

Open banking “a tectonic shift”

Australia’s big four banks – the Commonwealth, Westpac, ANZ and National Australia Bank – already under critical scrutiny from the Federal Government’s Royal Commission into the financial services sector, are also girding themselves for the challenges of open banking, writes Roland Tellzen.

Buy-side plans for hard Brexit

According to a recent survey conducted by Liquidnet,  83% of asset managers and hedge funds have a theoretical plan to respond to Brexit, but only 49% of firms have put their plan into action.

SWIFT gpi launches pre-validation service

Sept. 17, 2018 — SWIFT is introducing a pre-validation service for customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give...