Philippe Denis, the chief digital officer of BNP Paribas Securities Services, built his first computer in 1978 at the age of 18, and it is this commitment to embracing new technology that is driving his work at the French company, from his innovative use of big data to hosting brainstorming sessions on blockchain technology.
Latest articles from Securities services
Once regarded as national treasures, over the past few years many exchanges have been evolving into cross-border operations, focused on capturing larger market shares. Following this wave of consolidation and collaboration, however, it still remains to be seen whether bigger really means better.
A single platform for securities settlement in Europe and the continued growth of e-commerce will soon out-date the market infrastructures as they exist. Frances Faulds looks at how market infrastructures are reinventing themselves and redesigning their services to remain relevant.
Ahead of Sibos 2013, The Banker's technology editor, Duygu Tavan, talks about the difficulties in implementing the Target2-Securities regulation and discusses the recent developments in corporate bank messaging.
As their global operating models evolve, what do investment managers need from their service providers and what can they do to help themselves?
Philippe Chambadal, CEO of middle- and back-office processing technology provider SmartStream, discusses the post-trade landscape and the regulatory and operational challenges facing market participants.
Much work has been done to standardise and automate fund processing, with several commercial solutions available, but the cost of processing fund transactions is still significantly higher than for bonds or equities and this is hampering critical mass. Is a more centralised market infrastructure needed to tackle processing costs? Writer Frances Maguire