Posted by the FinRoad Team on December 14th, 2010
by Thierry Charvet, Head of Marketing & Strategy at Orange Business Services – Trading Solutions
At a time where Facebook could be seen as the 4th country on earth from the point of view of its “population”, how long will it be before social media reaches the trading floor? Of course, there are some very understandable hurdles which explain the reluctance financial firms have in adopting these tools. Security and confidentiality for example are important issues. Companies don’t want their employees to spend precious time updating their Facebook status or tweeting about what they watched on TV last night whilst they are on company time…
But if we have a closer look, social media has been part of the game for a while. For example, Bloomberg offers an IM solution where contacts can live chat to each other by accessing the Bloomberg directory. It is the first foot social medias put through the door which will prevent it to be ever closed again. Whose IT manager can still explain today to his traders and sales that these tools can’t be used because they are difficult to control? Who will explain to the new Y-generation traders being hired today that they can only use traditional methods of communication such as the telephone? The FSA recently removed the exemption on recording mobile phone calls and firms will now have to invest in devices to tape traders’ calls. This opens a Pandora’s Box on how to prevent traders from using social media tools directly from their Blackberry or iPhone especially if they can’t from the trade floor. At a time where Wikileaks publishes secret diplomatic exchanges who can sincerely believe that any disaster happening on a trade floor will be kept secret? We all know that tools like Twitter enable to open several points of fire at the same time. What would be the impact on the firm’s image if it can’t react in real time using the same weapons?
Nature doesn’t like vacuum. If firms don’t provide a minimum of social tools to their trade floor employees, users themselves will close the gap in an anarchic and uncontrolled manner to satisfy their natural sense of being part of a community. Easier to say than to do; but, there are some ways of introducing social tools in a “secure” manner. For example, IM chats like emails and voice can be recorded. There are now solutions available on the market to tape mobile conversations and sms exchanged complying thus with regulation and internal security policies. Concerning social networks, if the professional interest of Facebook or Youtube can be questioned, there is becoming more and more proof of interest in “more secure” finance-dedicated professional social networks like Finroad. Besides providing financial news and insights on companies and key topics, those finance-dedicated social networks are above all a fantastic professional directory containing thousands of finance professionals in the world. Imagine you are a London trader and you want to deal on Kazakhstani bonds; quite a niche market isn’t it? Finance-dedicated social network is the answer! Like on LinkedIn, but with more accuracy and pertinence, you can find the rare birds in few seconds where it would have taken ages and tens of phone calls in a traditional manner.
At the same time, the risk is that this kind of tools becomes little by little a “very very dark pool” enabling virtual transactions to take place. That’s also why – till the Regulator speaks – the introduction of such social medias has to be always accompanied by internal policy rules explaining to the employees the best practices to use those tools…and the limits.
The game is open; it’s time to get involved!
Posted by the FinRoad Team on October 11th, 2010
Posted by the FinRoad Team on September 27th, 2010
You will find below 25 financial events listed on FinRoad, the online community for Financial Market professionals with 25,000+ members in over 100 countries (40% buy-side).
We are media partner on the events listed in bold.
Do not hesitate to contact us to flag any missing events. Also, we invite you to follow us on twitter @Fin_Events.
You are attending any of those events? You plan to cover them on your blog or on twitter? We look forward to connecting with you and giving you more visibility!
USA
26-28 Sept Institutional Investor Alpha Hedge – San Francisco
27-27 Sept The Private Company Stock Conference 2010
28-29 Sept Private Equity Analyst Conference 2010
03-05 Oct Global Asset Allocation Summit
04-05 Oct The Life Settlements Conference 2010
04-06 Oct Trade Tech In San Franscisco
04-06 Oct Hedge Funds World LatAm
05-06 Oct The PEI Active Portfolio Management Forum
06-06 Oct Prepaid Cards LatAm
London
28-29 Sept Private Equity Series
29-29 Sept The Summit Performance Risk & Attribution 2010
05-07 Oct World Commodities Week
07-07 Oct World Gold Investment Congress
Amsterdam
05-06 Oct 4th Annual Collateral Management Conference
Budapest
07-07 Oct Managing Oprisk 2010
Bahrain
03-07 Oct Fund Forum Middle East 2010
Geneva
30-30 Sept Jetfin Agro 2010
Brazil
29-29 Sept City Day São Paulo
Johannesburg
04-07 Oct Islamic Investment World Africa
Dubai
03-05 Oct Middle East Investments Summit 2010
India
05-06 Oct The Private Equity International India Forum
Singapore
28-29 Sept OPEX ASIA 2010
28-29 Sept Risk Management ASIA 2010
Hong Kong
27-30 Sept Super Return Asia 2010
05-06 Oct UCITS Asia
Give your events more exposure on FinRoad
We put together the most comprehensive database of financial market events worldwide. Contact us to make sure your events are on our list.
The size and quality of our member base as well as our matching engine based on bespoke market segmentations are unique and enable us to help our partners present the right message to the right target audience. We also provide comprehensive community management features.
I invite you to join FinRoad and contact me (amoyne [at] finroad [dot] com or 0033952292267) should you want to find out more about our innovative partnership opportunities.
Arnould Moyne , CEO
Posted by the FinRoad Team on September 20th, 2010
You will find below 14 financial events listed on FinRoad, the online community for Financial Market professionals with 20,000+ members in over 100 countries (40% buy-side).
We are media partner on the events listed in bold.
Do not hesitate to contact us to flag any missing events. Also, we invite you to follow us on twitter @Fin_Events.
You are attending any of those events? You plan to cover them on your blog or on twitter? We look forward to connecting with you and giving you more visibility!
USA
26-28 Sept Institutional Investor Alpha Hedge – San Francisco
London
20-22 Sept ETF & Indexing Investments 2010
20-22 Sept 3rd Annual Credit Risk in Energy Trading
21-22 Sept Global Collateral Management
23-24 Sept FX Management in Emerging Europe
23-24 Sept 13th Annual Clearing and Settlement
23-23 Sept London City Day
Istanbul
22-23 Sept The PEI Turkey Forum
Prague
21-22 Sept 7th Annual CEE Retail Banking Conference
Milano
21-22 Sept 2nd Annual Insurance Distribution Strategies Forum
Amsterdam
23-23 Sept Screen Event Amsterdam 2010
Budapest
23-24 Sept 4th Annual CEE Private Banking Conference
Singapore
23-23 Sept FIX Protocol Singapore
Hong Kong
21-21 Sept ETF& Indexing Investment Summit
Give your events more exposure on FinRoad
We put together the most comprehensive database of financial market events worldwide. Contact us to make sure your events are on our list.
The size and quality of our member base as well as our matching engine based on bespoke market segmentations are unique and enable us to help our partners present the right message to the right target audience. We also provide comprehensive community management features.
I invite you to join FinRoad and contact me (amoyne [at] finroad [dot] com or 0033952292267) should you want to find out more about our innovative partnership opportunities.
Arnould Moyne , CEO
Posted by the FinRoad Team on September 13th, 2010
You will find below 20 financial events listed on FinRoad, the online community for Financial Market professionals with 20,000+ members in over 100 countries (40% buy-side).
We are media partner on the events listed in bold.
Do not hesitate to contact us to flag any missing events. Also, we invite you to follow us on twitter @Fin_Events.
You are attending any of those events? You plan to cover them on your blog or on twitter? We look forward to connecting with you and giving you more visibility!
London
13-14 Sept 14th Annual Capital Allocation and Management
13-14 Sept 3rd Annual Pricing Model Validation
14-15 Sept Operational Excellence in Payments
16-17 Sept 2nd Annual Investing in Frontier Markets
Monaco
14-16 Sept Capital Creation 2010
Portugal
15-17 Sept Quality and Process Excellence
Ireland
16-16 Sept Structured Products Ireland
USA
13-14 Sept The Distressed Debt Conference 2010
16-16 Sept Private Equity Summit for Institutional Investors
15-16 Sept Real Asset Investing Forum
Australia
17-20 Sept Education Outlook Australia 2010
13-15 Sept Agriculture Outlook Australia 2010
Singapore
13-15 Sept Serviced Apartments Asia 2010
14-16 Sept Near Field Communication World Asia 2010
Hong Kong
13- 13 Sept High Frequency Trading World Asia 2010
13-16 Sept Hedge Funds World Asia 2010
16-16 Sept Russian & CIS Investment Summit 2010
Shangaï
13-13 Sept Asian Family Office Forum 2010
India
16-17 Sept CFO Strategies India
Colombia
13-15 Sept Andes Investment Summit 2010
Give your events more exposure on FinRoad
We put together the most comprehensive database of financial market events worldwide. Contact us to make sure your events are on our list.
The size and quality of our member base as well as our matching engine based on bespoke market segmentations are unique and enable us to help our partners present the right message to the right target audience. We also provide comprehensive community management features.
I invite you to join FinRoad and contact me (amoyne [at] finroad [dot] com or 0033952292267) should you want to find out more about our innovative partnership opportunities.
Arnould Moyne , CEO
Posted by the FinRoad Team on September 6th, 2010
You will find below 25 financial events listed on FinRoad, the online community for Financial Market professionals with 20,000+ members in over 100 countries (40% buy-side).
We are media partner on the events listed in bold.
Do not hesitate to contact us to flag any missing events. Also, we invite you to follow us on twitter @Fin_Events.
You are attending any of those events? You plan to cover them on your blog or on twitter? We look forward to connecting with you and giving you more visibility!
London
8-10 Sept 11th Annual Collateral Management
13-14 Sept 14th Annual Capital Allocation and Management
13-14 Sept 3rd Annual Pricing Model Validation
14-15 Sept Operational Excellence in Payments
16-17 Sept 2nd Annual Investing in Frontier Markets
Monaco
14-16 Sept Capital Creation 2010
Portugal
15-17 Sept Quality and Process Excellence
Ireland
16-16 Sept Structured Products Ireland
USA
13-14 Sept The Distressed Debt Conference 2010
16-16 Sept Private Equity Summit for Institutional Investors
15-16 Sept Real Asset Investing Forum
Brazil
30-1 Sept Infrastructure Investment World
Australia
17-20 Sept Education Outlook Australia 2010
6-7 Sept Australia Mining Congress 2010
13-15 Sept Agriculture Outlook Australia 2010
China
8-9 Sept 4th Annual Funds Forum China 2010
Singapore
7-8 Sept Economy Hotels Asia 2010
13-15 Sept Serviced Apartments Asia 2010
14-16 Sept Near Field Communication World Asia 2010
Hong Kong
13- 13 Sept High Frequency Trading World Asia 2010
13-16 Sept Hedge Funds World Asia 2010
16-16 Sept Russian & CIS Investment Summit 2010
Shangaï
13-13 Sept Asian Family Office Forum 2010
India
16-17 Sept CFO Strategies India
Colombia
13-15 Sept Andes Investment Summit 2010
Give your events more exposure on FinRoad
We put together the most comprehensive database of financial market events worldwide. Contact us to make sure your events are on our list.
The size and quality of our member base as well as our matching engine based on bespoke market segmentations are unique and enable us to help our partners present the right message to the right target audience. We also provide comprehensive community management features.
I invite you to join FinRoad and contact me (amoyne [at] finroad [dot] com or 0033952292267) should you want to find out more about our innovative partnership opportunities.
Arnould Moyne , CEO
Posted by the FinRoad Team on September 1st, 2010
You will find below 6 financial events listed on FinRoad, the online community for Financial Market professionals with 20,000+ members in over 100 countries (40% buy-side).
We are media partner on the events listed in bold.
Do not hesitate to contact us to flag any missing events. Also, we invite you to follow us on twitter @Fin_Events.
You are attending any of those events? You plan to cover them on your blog or on twitter? We look forward to connecting with you and giving you more visibility!
London
8-10 Sept 11th Annual Collateral Management
Asia
7-8 Sept Economy Hotels Asia 2010
8-9 Sept 4th Annual Funds Forum China 2010
Australia
17-20 Sept Education Outlook Australia 2010
6-7 Sept Australia Mining Congress 2010
Brazil
30-1 Sept Infrastructure Investment World
Give your events more exposure on FinRoad
We put together the most comprehensive database of financial market events worldwide. Contact us to make sure your events are on our list.
The size and quality of our member base as well as our matching engine based on bespoke market segmentations are unique and enable us to help our partners present the right message to the right target audience. We also provide comprehensive community management features.
I invite you to join FinRoad and contact me (amoyne [at] finroad [dot] com or 0033952292267) should you want to find out more about our innovative partnership opportunities.
Arnould Moyne , CEO
Posted by the FinRoad Team on August 23rd, 2010
You will find below 5 financial events listed on FinRoad, the online community for Financial Market professionals with 20,000+ members in over 100 countries (40% buy-side).
We are media partner on the events listed in bold.
Do not hesitate to contact us to flag any missing events. Also, we invite you to follow us on twitter @Fin_Events.
You are attending any of those events? You plan to cover them on your blog or on twitter? We look forward to connecting with you and giving you more visibility!
Asia
7-8 Sept Economy Hotels Asia 2010
8-9 Sept 4th Annual Funds Forum China 2010
Australia
17-20 Sept Education Outlook Australia 2010
6-7 Sept Australia Mining Congress 2010
Brazil
30-1 Sept Infrastructure Investment World
Give your events more exposure on FinRoad
We put together the most comprehensive database of financial market events worldwide. Contact us to make sure your events are on our list.
The size and quality of our member base as well as our matching engine based on bespoke market segmentations are unique and enable us to help our partners present the right message to the right target audience. We also provide comprehensive community management features.
I invite you to join FinRoad and contact me (amoyne [at] finroad [dot] com or 0033952292267) should you want to find out more about our innovative partnership opportunities.
Arnould Moyne , CEO
Posted by the FinRoad Team on July 30th, 2010
Trustfull identities is nowadays a true concern for professional websites.
Establishing valuable business contacts is much easier in a secured environment.
This is why FinRoad has released a new service designed to allow members proving their profile’s authenticity.
How it works ?
- Step 1 – provide your passport scan and process an online payment
As a result, on top of your public profile, a new “iD checked” label will be displayed: 
- Step 2 (optional) – send requests to direct contacts for confirming your profile’s authenticity
The number of members having confirmed your identity will be displayed by rolling your mouse over the label.
Posted by Ivan Ljubic on July 29th, 2010
While the stress tests have generated some transparency to reduce banking risks, some became suddenly blind and short minded! Europe has € 1.5 trillion debt maturing in 2012 and € 500 bn to repay to Central Banks. Markets are now raising more questions with this new transparency and need concrete answers ! It sounds like politics and regulators have missed an opportunity to ensure than the European banking system is protected against any turmoil.
Researchers at Barcap and Citigroup came to a common conclusion that when real exposures are incorporated, 22/25 banks out of the 91 tested would fail under these “soft” stress test conditions. What if tough stress tests?
How about another way to see the tests : Greek banks pass then the European test fails!
Politics claim the conditions of the test being realistics. Well then, what is surrealism ?
