First invented to record audio in the 1920s and used for storing computer data since the 1950s, the term “magnetic tape” has not been used very often within the capital markets. Bank executives, technology vendors, and their PR firms throw around industry buzz words such as “cloud,” “NoSQL databases,” and “data lakes”. But the quaint-sounding tape, is often neglected in discussions about critical financial infrastructure technologies, despite still being widely used to store data by many