Now that cloud has become widely adopted by financial firms, Big Tech companies are seeking to leverage their other services to become more ingrained in the workflows of the capital markets.
The lack of a reporting template means “people can give the least amount of data possible”, warns a bank CISO, stymieing data sharing.
Regulators have been reluctant to specify cloud risks, despite warnings of overreliance on three big providers.
Digital Asset has slowly expanded its influence with exchanges in the APAC region, and this year has made additional inroads in the US and Europe. Anthony examines the company's wins and losses over the last seven years.
Anthony explains that Wall Street is too cookie-cutter when it comes to producing and attracting talent. As tech keeps on rapidly evolving, banks and asset managers are going to need to look beyond the usual ranks to find specialist skills.
Closing the growing gap between adequate enterprise cybersecurity protection and available resources is fraught with obstacles, so Bank of America and HSBC are pursuing an unconventional approach: seeking out neurodiverse talent with a knack for pattern…
More realistic job requirements and in-house training programs could boost recruitment in face of increased cyber threats
Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.
Anthony believes these advancements will provide the opening for Big Tech firms to created outsized influence that will change financial technology forever.
In the past two years, Moody’s Analytics has acquired four vendors that the ratings specialist hopes to integrate for ESG offerings in a crowded market.
Retiring Oats is a milestone on the long and winding road to Cat implementation, but the SEC must make some major decisions in a very short timeframe before the Cat journey is over.
The firm is using the platform as a comparison tool as it evolves its fund offerings.
Lawmakers have signaled a readiness to act as finance chiefs warn of heightened cyber risks.
Cyber threat intelligence is crucial for the defense of an organization’s network, but financial firms have to figure out how to make sense of all the data first.
IBM, which recently set a new world record for tape storage, says a lot of its financial services clients use the medium for storage as its cheaper and safer than other digital storage options. Others are skeptical of tape’s long-term prospects.
Perhaps smarter than blockchain and certainly closer than quantum computing, this type of complex computing could accelerate banks' move to the cloud—if the industry gets it right.
A new era of accountability might see the Federal Reserve demand model explainability to keep financial system safe.
A look at some of the key "people moves" from this week, including Abdellah Bouziane (pictured) who has been appointed global head of compliance at Carmignac.
A look at some of the past week’s financial technology news.
Banks must improve resilience of remote-working staff, says Wells Fargo financial crime expert
A look at some of the key "people moves" from this week, including Vijay Mayadas (pictured) who has been appointed president of capital markets at Broadridge.
Jo writes that the EU’s new digital package could find large cloud providers operating in the bloc subject to potentially invasive oversight, as the EU strives for “data sovereignty”.
Banks are focused on making work-from-home life more secure, but how can these projects be used to improve the customer experience going forward?
Financial firms’ boards are increasingly taking a more hands-on role towards IT security—thus driving adoption of important new security measures for their firms and the industry as a whole.