Open-source technologies are increasingly attractive to financial services firms. They are in broader usage across the sector as they are more widely available and are easy to adopt, lowering the barriers for usage in new projects. As well as helping clients reduce software and infrastructure costs, the increasing adoption of […]
cloud technologies
Temenos and Google Cloud Announce Global Strategic Partnership to Accelerate Banks’ Digital Transformation in the Cloud
Temenos showcases leadership in the cloud delivering its software across hybrid and multi-cloud environments; will be the first global banking software provider to run on Google Cloud Anthos Temenos and Google Cloud will jointly go-to-market with leading-edge financial services offerings in the cloud to drive scalability, operational efficiency, time-to-market, and […]
Are the fintech bridges working?
Following the launch of the UK’s first international partnerships aimed at kickstarting fintech growth, industry leaders question whether they have lived up to expectations. When the UK government announced a series of so-called fintech bridge agreements, it hoped to help firms do business in other international financial technology hubs. Three […]
How to build the regulator’s confidence in the cloud
When moving to the cloud, meeting all risk, legal and compliance requirements is non-negotiable. The key question regulators are asking financial services providers is whether they have identified the operational risks associated with migrating to cloud computing and if banks understand the process of managing these obstacles. Part of the […]
The old rules no longer apply: Risk management and regulatory reporting in the cloud
Deploying new applications on the cloud is now the default. The question is not if applications should be built in the cloud or existing workloads should be migrated, but how fast can financial institutions (FIs) remove traditional IT constraints in the age of digitalisation. In the race to innovate, FIs […]
Cloud security platform DivvyCloud nets $19m in growth funding round
DivvyCloud, a security and compliance automation developer for cloud infrastructure, has netted $19m in a growth funding round. The capital injection was led by Providence Strategic Growth, with participation also coming from existing backers MissionOG and RTP Ventures. Following this latest funding, the company has raised a total of $29m […]
The Future of AI Will Be About Less Data, Not More
Companies considering how to invest in AI capabilities should first understand that over the coming five years applications and machines will become less artificial and more intelligent. They will rely less on bottom-up big data and more on top-down reasoning that more closely resembles the way humans approach problems and […]
Amphora announces certified native integration with CubeLogic
Enables Symphony CTRM users to seamlessly leverage the market leading KYC onboarding, business process management and credit risk management capabilities of the RiskCubed platform Wednesday 24th October 2018 – Houston and London. Amphora, a leading vendor of multi‑commodity trading and risk management solutions to streamline operations, reduce transaction costs […]
Six-fold increase in RegTech spending forecast by 2023
Regulatory technology investment is set to explode over the next few years, with spending forecast to jump six-fold by 2023 as firms encounter a growing number of compliancy challenges. That is according to a new report from Juniper Research, which predicts that spending on RegTech platforms will increase from an […]