BRAXXON News Archive

• Islamic banking establishes a presence - 10th November 2007
  In the first half of this year alone the Islamic Bond, or Sukuk, market grew an impressive 75% to $85Bn in the total of outstanding issues. The western market currently accounts for 70-80% of the buyers against 20-40% in the same period last year. As a result the market has seen a small number of Islamic banks entering the UK wholesale market and probably the number is set to grow.
   
• MiFID and CRD – A Common Platform - 30th March 2007
  Although the two Directives have different objectives and requirements, there is considerable overlap in the impact on a firm’s policies and procedures  
  Looking ahead, and despite an air of “regulatory weariness” in the industry, the regulatory agenda for next year will include provisions related to liquidity, the definition of capital and the availability of the AMA method of quantifying operational risk for those firms with the necessary systems.
   
• Evening at the IOD - 30th March 2007
  A reminder of the firm’s core ethical and professional values and their potential for positive impact on the delivery of excellence to clients.
   
• Single Euro Payment Area (SEPA) - 15th November 2006
  With a clear focus on SEPA, Braxxon is engaging a number of pan-European banks who are keen to understand the implications of SEPA and how to prepare for its introduction in 2008. SEPA will have a major impact on cross border payments business in the EU where opportunities for return on investment are becoming ever more apparent to offset and exceed the cost of compliance
   
• Preparing for MiFID: A case study - 3rd October 2006
  BRAXXON's market research confirms earlier conclusions that only a minority of organisations have a MiFID programme underway.  Inevitably, the final rush will mean that banks, investment firms, software vendors and consultants could find a real shortage of experienced resources.
   
• Consultant Appointment: - 10th July 2006
  We are delighted to announce that Anuj Patel has re-joined the BRAXXON consultancy team after a period with Deloitte MCS Ltd.
   
• Some banks have not yet started to evaluate the impact of MiFID. - 26th June 2006
  The clear consensus message is that the date set for compliance is unlikely to be further delayed and the imperative is to mobilise now to assess MiFID's impact from both a business and IT perspective
   
• Principal Consultant Appointment - 23rd June 2006
  We are pleased to announce the appointment of Richard Hurst to Principal Consultant and Head of the Business Continuity Management Practice.
   
• Associate Director Appointment: Nick Wyatt - 28th March 2006
  We are delighted to welcome back Nick Wyatt, Associate Director.  Nick spent the last two and a half years working in Budapest managing both technical and commercial issues associated with systems integration for three recently merged banks.
   
• Influenza Pandemic - A Business Continuity Issue? - 21st December 2005
  The FSA is asking Financial Services Organisations to prepare continuity plans to support continuing operation with significant numbers of staff being affected by the pandemic. The Chief Medical Officer has stated that a pandemic is certain to occur, only the timing remains in doubt.
   
• Braxxon in Istanbul - 24th November 2005
  200 Turkish Bankers show keenness  to comply with European Regulation.
   
• Consultant Appointment - 18th November 2005
  We are pleased to welcome Sophie Colin who this week joins the BRAXXON team of market specialists. Sophie's arrival further extends our ability to provide excellent service to a growing number of clients in the UK and internationally.
   
• Banks appear unprepared for MiFID - 15th November 2005
  At a recent BRAXXON Briefing Lunch it became apparent that many financial institutions are not yet aware of the implications of MiFID and very little planning has yet taken place to ensure its timely integration into day-to-day operations
   
• Algorithmic Trading - 4th August 2005
  The considered introduction of Algorithmic Trading offers real opportunity to Hedge Funds to take a major step forward in access and control over the trading market place.  Selecting and implementing the appropriate systems and broker algorithms, however,  is a key challenge if successful adoption of these new technologies is to be achieved.
   
• Consultant Appointment - 4th July 2005
  Today, Robin Cunningham joins  BRAXXON's consulting team as part of an overall strengthening of capability to meet increasing client demand.
   
• Director Appointment - 27th May 2005
  BRAXXON is pleased to announce, as part of its present growth programme,  a  strengthening of its management team through the promotion of Rob Millington as Executive Director.
   
• Off-shoring - 8th February 2005
  'Off-shoring' sites are selected because, essentially, they offer the opportunity for low-cost operations. Critically, their geographical locations can mean that their very existence will be threatened  by forces of nature.  So, what is off-shoring' and can lessons be learnt from the recent tragic events in Asia?
   
• Mergers are back in fashion - 18th December 2004
  Santander Central Hispano and Barclays are in the market for a merger and they're both definitely international. Also, they're both retail driven, but inevitably have an element of the wholesale about them.
   
• More bad press for outsourcing as JP Morgan goes retro. - 2nd December 2004
  We've become accustomed to 'Outsourcing' being one of the hot topics of 2004, then on a negative note we hear that the JP Morgan Chase/IBM marriage is ending in separation.  At least both parties appear to have parted on amicable terms with no acrimonious divorce.
   
• Don't make BCM a grudge purchase - 17th September 2004
  Recent Business Continuity Management assignments undertaken by BRAXXON
   
• Preferred supplier to international bank - 23rd April 2004
  Against stiff competition from other City consulting firms, BRAXXON successfully concluded a Preferred Supplier Agreement with an important international bank at the end of March.