Financial Services
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"While the UK's startup ecosystem has grown significantly, it lacks the sheer scale and aggressive growth culture that defines Silicon Valley."
16% of respondents are using AI for credit risk assessment; 11% are using it for algorithmic trading. The Old Lady wants to keep a watchful eye...
"We are not (yet) seeing evidence of AI maturity playing out in terms of improvements to common efficiency measures, such as cost-to-income (CIR) ratios"
How The Hartford took its Terraform infrastructure to the cloud – and kept its mainframe
"We've got over 11,000 regulatory reports" lamented CFO Mark Mayer. "We're talking about ensuring that the data that we capture at trade entry is the data that's required to ultimately show up on these various regulatory reports..."
A pair of banks with radically different histories share details of the tools, tech and philosophies fuelling their digital journeys.
Regulator alleges that leaders did not tell engineers about the "seriousness and potential consequences" of neglecting to implement a previous FCA agreement.
Network configuration, CA and SWIFT issues, and certificate expiration blamed for a series of RTGS outages the past year.
"One of the most rapidly growing expense line items" -- with Zscaler and CyberArk among the vendors getting paid.