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January 2013 Blog Posts (2)

Why does finance need a Legal Entity Identifier?

During July we attended the Federal Reserve Bank of New York, for the formation and launch of the Financial Stability Board’s (FSB) Legal Entity Identifier (LEI) Private Sector Preparatory Group.

The group was created by the FSB in response to a call from the leaders of the G20 countries to proceed with development of a, “unique identification system for parties to financial transactions.” […

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Added by Paul Wallis on January 24, 2013 at 3:35 — No Comments

Die Hard, data flow and the CyberCity

The other day, a little behind the times, I watched the fourth of the series of ‘Die Hard’ movies.

 

Detective Lieutenant John McClane had his hands full yet again, battling devious cyber criminals in Washington D.C.

 

The bad guys set out to ultimately do a bit of electronic money pilfering, and as part of their cunning plan they disrupt some of the computer-reliant critical networks that typically support a modern city.  By hacking into systems and interrupting…

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Added by Fergus Cloughley on January 15, 2013 at 7:30 — No Comments

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