Finding the way to make internet content pay off November 27, 2011 ALMOST every Brit has heard of Kelvin MacKenzie: the opinionated, controversial editor of the Sun newspaper in the 1980s and early 1990s who went on to become a succesful media entrepreneur. His son Ashley’s story however is also interesting – and comparatively little known. Unlike the rest of the MacKenzie family, he did not become [...]
A NEW BREED OF VC FUNDS IS THE UK’S BEST FRIEND November 27, 2011 ALL we ever seem to hear these days is that the UK venture capital market is behind the US venture capital market. Yet direct comparisons between the two is not always helpful. The US venture capital market is about 30 years old. By contrast, the UK (and European) venture capital market is only in its [...]
FTSE sees longest slide in nine years November 24, 2011 THE UK’s blue-chip share index ended lower for the ninth consecutive session yesterday in its worst run since January 2003 after Germany reiterated its opposition to the use of euro bonds or monetary tools to help solve the Eurozone’s debt crisis. Following a meeting with the leaders of France and Italy, German chancellor Angela Merkel [...]
Sixth day of falling stock November 24, 2011 EUROPEAN shares fell for the sixth consecutive session in low volume yesterday after German Chancellor Angela Merkel restated her position against changing the role of the European Central Bank to ease the Eurozone debt crisis. The market trimmed gains after the comments by Merkel about the ECB as well as remarks that she remained opposed [...]
FTSE hits a seven-week low as corporates suffer November 23, 2011 BRITAIN’S top share index fell yesterday, after downbeat data from China, Europe and the United States darkened the outlook for global growth and corporate earnings. London’s blue-chip index closed at its lowest level since 6 October, falling 67.04 points, or 1.3 per cent, to 5,139.76. The index has now fallen 7.3 per cent in November [...]
US slump worsens November 23, 2011 US stocks suffered a sixth straight day of losses yesterday as frustration over the Eurozone’s debt crisis, coupled with weak Chinese factory data, further dented investor sentiment. A weak German bond sale sparked fears the debt crisis was even beginning to threaten Berlin, with the leaders of France and Germany still at odds over a [...]
Plan your IT systems to avoid being left behind November 23, 2011 AS THE second phase of the Markets in Financial Instruments Directive (Mifid) takes shape, it reinforces the role of IT solutions in aiding institutions and brokerages to achieve compliance without losing their competitive edge. The original Mifid directive covered pre and post trade requirements for shares traded on regulated markets, but new regulations will go [...]
THE IMPORTANCE OF ENTERPRISE ARCHITECTURE November 23, 2011 OPERATIONS DIRECTOR FINANCIAL SERVICES , CISCO FINANCIAL services play a vital role in the UK economy in providing investment capital and mitigating risk against loss or catastrophe. But most financial services companies today would fail without having a robust IT technology platform to underpin their business processes and operations. Technology has always played a vital [...]
Turning regulatory big data requirements on their head November 23, 2011 ONE of the biggest changes that new regulations will bring in is an exponential increase in data storage requirements. And these volumes of data should not just be treated as a simple necessity for regulatory compliance. Data needs to be stored and it needs to be accessible. “If you don’t use all the data available, [...]
Build a path to navigate your way back to black November 23, 2011 It’s financial planning week – so take steps to economic security by setting a budget and making a habit of saving LARGE numbers of people in the capital face an uncertain future, particularly when it comes to their retirement. That’s according to the fourth annual financial planning survey, commissioned for UK financial planning week by [...]