Tag: banking

April 4, 2024

Banking CIOs have changed their view of the cloud. Rather than seeking cost savings, executives are turning to cloud for flexibility, scalability and AI capabilities, according to the report. But technical debt is complicating adoption initiatives. “Unfortunately, many of the […]

July 28, 2023

Banking and financial services, initially cautious adopters, have embraced cloud as security and control measures improved and service providers introduced industry-specific solutions. Unifying standards for common services across major cloud platforms should remove additional roadblocks, paving the way for broader […]

March 13, 2023

Two decades of technology-driven transformation has left many financial services firms with significant complexity and technical debt. While banking and finance organizations have aggressively moved workloads and apps to the cloud to meet changing customer needs, some remain hesitant to […]

February 9, 2023

Burdened by basements packed with legacy systems and risk averse top-floor executives, banks were initially slow to the cloud. The benefits of migration, demand for digital services and the emergence of industry-specific cloud solutions helped break down resistance, and federal […]

July 12, 2022

Last year’s sequence of Big Tech outages offered a glimpse of the Internet apocalypse – a sneak preview of a Mad Max planet where cloud-dependent economies have toppled and the cash in your pocket is only good for wiping your […]

June 26, 2018

NEW YORK; June 26, 2018 – With only a quarter of business leaders globally very confident they will achieve their 2020 growth targets, and 56 percent concerned that current growth strategies are at high risk of disruption, a new strategic […]

March 15, 2017

The wave of fintech startups, digital challengers and tech giants presents a threat to the big banks that is unlikely to go away soon. The impact of the financial crisis, scandals in the interbank and foreign exchange markets and continued […]