Sibos & Esma: A Week in Review

Sibos

Our man on the ground in Toronto, James Rundle, has been working overtime this week, putting together some quality articles ranging from banks already suffering from burnout with robotic process automation and the use of machine learning to eradicate the dreaded “fat finger syndrome”, to the slightly more worrying issue of nation states using cyber-attacks to target banking institutions, both in the US and abroad.

James is due to leave Sibos tomorrow, although he does have a number of additional stories up his sleeve that he plans to file on Thursday October 19. You can keep up to date with all the best news from the event and its delegates here.

Esma

For my part, I ventured across the English Channel this week to Paris (and the sunshine!) for the European Securities and Markets Authority’s annual conference. While it might lack the bombast and fevered fintech pitch of Sibos, it was nonetheless an important event, what with the small matters of Mifid II and Brexit to chew over.

European regulators are now starting to wake up to the fact that financial technology is something they should probably be regulating a little more stringently, as demonstrated by the European Commission this week, while any hope of another delay to Mifid II was finally put to rest. Meanwhile, keep an eye out for some more Mifid II-related content from the event later in the week.