Remove 2008 Remove Digital Transformation Remove Risk Management Remove Testing
article thumbnail

Banking on mainframe-led digital transformation for financial services

IBM Big Data Hub

Why mainframe application modernization stalls We’ve experienced global economic uncertainties in recent memory, from the 2008 “too big to fail” crisis to our current post-pandemic high interest rates causing overexposure and insolvency of certain large depositor banks.

article thumbnail

New CIO appointments in India, 2022

CIO Business Intelligence

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. He brings expertise in developing IT strategy, digital transformation, AI engineering, process optimization and operations. He will also plan and implement the company’s IT and digital strategy.

article thumbnail

FRTB: Will 2023 Finally be the Year?

Cloudera

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. FRTB is designed to address some fundamental weaknesses that did not get addressed in the post-2008 financial crisis regulatory reforms. Operational Impact of FRTB.

Risk 55