The fools who oppose change

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It is often said time flies when you are having fun and, while there may have been precious little fun in financial services over the last year or so, I really cannot believe it is almost three years since Nucleus came to be.

I remember being in Paris three years ago this past weekend when we hit a legal barrier to our funding transaction - I think I may have spent more on my mobile phone bill that weekend than I did on the rest of the trip! But of course all ended well and we set about changing our little corner of the world. I remember back in those days claiming that wrap was the most fundamental strategic issue the industry would ever be faced with and perhaps, through time, that view, which was fairly radical back then, is coming to be more widely accepted. Nowadays it seems barely a week goes by withou...

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