As the bankers' bonus season arrives and the world's media ogle the figures, something seems to have gone missing in the debate. One of the recommendations urged by regulators on both sides of the Atlantic, backed up with the threat of further intervention if ignored, was to change the way in which bonuses are paid, rather than the size of them.
Moving forward with SWIFT gpi
SWIFT’s global payments innovation (gpi) solution has breathed new life into the correspondent banking model, which many believed was in danger of extinction. Within two years, gpi has been created and implemented, signed up 120 banks, 24 of which are live, and has processed more than 2 million payments to date.
Brian Caplen, editor of The Banker, speaks with industry leaders to discuss customer experience in cross-border payments, and the adoption of gpi.
Topics covered:
- SWIFT gpi - The story so far: the rapid progress of SWIFT's gobal payments innovation initiative
- SWIFT gpi for corporates: IATA is a company with huge international payment flows. Its senior banker for EMEA and the Americas, Javier Orejas, explains how SWIFT gpi helps
- Payments for high tech clients: Silicon Valley Bank's senior director, product and correspondent bank management, Dena Stefanopoulos gives a tech client perspective on what gpi has done for correspondent banking
- Where next for SWIFT gpi?: Wim Raymaekers, Global head of banking market and head of SWIFT gpi programme at SWIFT, tells The Banker's editor Brian Caplen about what is planned next for SWIFT gpi
- SWIFT gpi as the industry standard: The key ingredients for making gpi a real industry success
In conversation with:
- Christian Westerhaus, head of clearing products, cash management at Deutsche Bank
- Javier Orejas, senior banker EMEA and the Americas at the International Air Transport Association
- Dena Stefanopoulus, senior director, product and correspondent bank management at Silicon Valley Bank
- Wim Raymaekers, global head of banking market and head of Swift GPI programme, Swift
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