Hugh is a specialist in STP, automation/efficiency and outsourcing, in post-trade, clearing/settlement and treasury/payments. Before joining Colt in 2011, he worked both inside Financial Services for banks and brokers and for service providers to the sector.
The Olympics, Hurricane Sandy and even the continued unrest in the Middle East have kept business continuity and disaster recovery planning at the top of the business agenda this year. Business continuity planning involves preparing for problems so that you can deal with them in a way that avoids, or at least minimises, business disruption. While [...] Read more
The news that EU regulators plan to implement a Volcker Rule style regulation has been met with understandable resistance. Banks across Europe are arguing that any rule which aims to curb proprietary trading, specifically those trades facilitated by customer deposits, would impact on market liquidity and ultimately curtail GDP growth. Much like the now repealed Glass–Steagall [...] Read more
Since 2010’s infamous “flash crash”, High Frequency Trading (HFT) has been under the continuous gaze of the financial services regulatory authorities. HFT's ability to enable large numbers of high speed trades made it the prime suspect when the Dow Jones Industrial Average plunged 1,000 points in a matter of minutes, before quickly recovering. According to some [...] Read more
At Colt, we could have been forgiven for a moment of self-congratulation on hearing from Banca d’Italia that we had been awarded a definitive licence to provide value-added connectivity services to the Target2Securities platform (T2S), as we had worked really hard with SIA to pull together a great team to address all elements of this complex [...] Read more