25 years on, what did the Barings Bank crash teach us?

on Oct 30, 2020

Back in 1995, a young Futures Trader Nick Leeson was working in Singapore on arbitrage trading on the main Tokyo index – the Nikkei 250 - for Barings Bank when he fraudulently hid massive financial losses from the bank in both London and Singapore. The losses incurred by the 200-year-old bank were estimated at $1.3 billion in unauthorised trades.

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Topics: Data Lineage, Data Governance, Data Quality, Data Management

Will metadata investment for GDPR pay off for LGPD (Brazil), California, India and New York?

on Oct 29, 2020

GDPR is a very thorough regulation, requiring control of personal data processing, distribution and storage. It has been used as inspiration for other regulations including Brazil’s Lei Geral de Proteção de Dados LGPD, its general data protection regulation.

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Topics: Regulatory Compliance, Data Lineage, GDPR, Metadata Management, Data Quality, Data Management, Data Privacy

SMCR: Empowering Ownership, Accountability and Governance

on Jul 15, 2020

After working for the leasing division of Barclays for 11 years, it was very strange to move from an established process of working, to join the ‘dark side’; a start-up software company selling trading software back to Banks. It was an exciting time, as financial services organisations were going through dramatic change and adopting new technology and practises. 

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Topics: Regulatory Compliance, Data Lineage, Metadata Management, Data Quality, Data Management

BCBS 239: 7 years of lessons learned

on Jun 29, 2020

BCBS 239 is summed up by the Basel Committee on Banking Supervision as: “the right information needs to be presented to the right people at the right time”. In the global financial crisis of 2007/8 (remember that one?), regulators found some “globally systemically important” banks did not have a firm grip on their risk reporting and could not react quickly enough. 

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Topics: Regulatory Compliance, Data Lineage, Metadata Management, Data Quality, Data Management

Digital Banking - Engineering an Agile Future

on Jan 15, 2020

As Singapore and now Malaysia gear up towards their digital banking futures, I wanted to look at the opportunities that digital banks have as they look to avoid the millstones their competition must face. Equally, I wanted to show the challenges and opportunities available to incumbents as they look to create their digital banks or look to evolve their transformation to avoid losing competitive advantage. 

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Topics: Data Lineage, Data Governance, Data Quality, Data Management