Geeks at the gates


Hampered by increasingly complex regulations, as well as the cost and inertia of inefficient legacy systems, banks are facing growing competition from innovative non-bank organisations. Unless they start to confront the mission-critical importance of transforming their technology, could they face death by a thousand cuts?

Do insurers need a CIO?


The UK regulator has proposed five ‘controlled function holders’ for insurers without including a chief investment officer. But the role is too important to overlook, says Scott Eason of Barnett Waddingham

Horizon Software: coping with the compliance burden

sylvain thieullent of horizon software

French equity derivatives specialist Horizon Software is concerned about burdensome EU regulation choking liquidity in its core stock options market – but, says Sylvain Thieullent, its chief executive of electronic trading, the firm has learnt the importance of tailoring its approach to suit a local market as a result