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Back to the Financial Regulatory Future

Cloudera

It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008. While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008.

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Private cloud makes its comeback, thanks to AI

CIO Business Intelligence

based financial services company migrated data to the public cloud more than a decade ago and will continue to add workloads there, especially for customer-centric applications. But the company’s critical data — and any future generative AI data — will likely run on its new hosted private cloud, says Andrew Cotter, Somerset’s EVP and CIO. “As

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Is there a “right” cloud strategy for banking?

IBM Big Data Hub

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

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Banking on customer experience and security via technology-based innovation

CIO Business Intelligence

After weeks of exhausting back-and-forth requests and paperwork transferred in ways that seem naively unsecure by today’s standards, their prize was the key to the front door. Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on.

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“Cloud adoption momentum in the GCC will gain further impetus in 2024”

CIO Business Intelligence

As we approach the year 2024, Jyoti Lalchandani discusses with CIO Middle East 2024’s top tech trends and future CIO challenges. Use cases in areas such as customer service, financial reporting, content marketing, code development and others are being taken up by early adopters.

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What’s next for digital transformation?

CIO Business Intelligence

The keynote speakers were the CEO at the emerging technology supplier and the Chairman/CEO at one of the world’s largest and most technologically sophisticated financial institutions. Digital transformation is important —indeed it is existential; the future is digital. Indeed, it has been on the CIO’s agenda for at least 35 years.

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Due diligence is ever more critical as the battle for cloud sovereignty intensifies

CIO Business Intelligence

Also, shouldn’t an announcement like this ideally be backed up with a roadmap? After Google’s cooperation with T-Systems and the “ Delos ” offer from Microsoft, SAP, and Arvato, AWS now follows suit. So, what does a pledge mean? Otherwise, why would it be a pledge? Where is the guarantee that items in this pledge will be fulfilled?

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