Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Using governance to accelerate cloud migration in financial services

Financial institutions have the opportunity to enhance traditional governance processes by building a well-structured cloud service assessment from the ground up, to help demonstrate regulatory compliance when moving to the cloud.

22 May 2020

News/cloud

What does the future hold for a hybrid, multi-cloud future?

In the face of incessant economic volatility, political challenges and being compelled to execute continuous, complex technological adjustments, the financial services industry must acknowledge that the cloud will frame the future.

15 May 2020

News/sustainable

Sustainable Finance Live to go virtual

Sustainable Finance Live, the series of workshops hosted by Finextra Research and Responsible Risk, is becoming a virtual event in response to the Coronavirus pandemic.

28 April 2020

News/sustainable

How to use technology to solve climate change and cloud waste

Global IT expense is set to reach a staggering $3.9 trillion in 2020, an increase of 3.4% from 2019 according to Gartner. Driven by the adoption of software-as-a-service (SaaS), all market segments are expected to spend on forms of software such as cloud and expand its use through 2023. But what does this mean for the environment?

27 February 2020

News/sustainable

How to apply lessons learned from Open Banking to Sustainable Finance

While Open Banking initiatives are being drip fed by regulators across the world, it is evident that this shift must not be considered merely a regulatory change: it is a global movement that will shape the future of the financial services industry.

24 February 2020

News/cloud

Success in the cloud: Strategic insights and best practices

The cloud is now the new normal and financial institutions are harnessing and deriving value from the massive amount of data that they possess. Finextra Research’s latest report in association with Amazon Web Services highlights that technology needs to be adopted as quickly, easily and cost-effectively as possible, for scale and flexibility.

21 February 2020

Company update/cloud

Colt expands cloud offerings with Oracle FastConnect

Colt Technology Services, a leading provider of agile, high bandwidth connectivity solutions and a Gold level member of Oracle PartnerNetwork (OPN) today announced it will provide dedicated, private and on-demand access to Oracle Cloud through Oracle Cloud Infrastructure FastConnect.

12 February 2020

News/regulation

How banks can modernise processes to comply with regulations

In a post-financial crisis world, financial institutions are under pressure to transition from using the London Interbank Offered Rate (LIBOR) to the new Sonia rate, that is overseen by the Bank of England.

30 January 2020

News/regulation

Regulators are focusing on data privacy and identity: What should banks do next?

California’s pioneering Consumer Protection and Privacy Act (CCPA), the first comprehensive consumer privacy law passed in the United States, went into force on January 1, 2020 but some of the law’s implications are already emerging.

23 January 2020

News/regulation

Meeting due diligence requirements is akin to conducting an orchestra

Compliance officers in financial services should think of themselves as orchestra conductors, according to Charles Gaddy, co-founder of identity verification service company, Global Data Consortium.

08 January 2020

News/sustainable

SustainableFinance.Live: Beyond ‘greenwashed’ ideas and toward tangible results

After a morning of keynotes and ‘speed dating’ roundtable sessions, SustainableFinance.Live attendees broke out into whiteboard sessions where they learned by doing, workshopping scenarios to create tangible results.

06 December 2019

News/sustainable

SustainableFinance.Live: Empowering ESG data for green bonds and the supply chain

$30 trillion of capital is pledged to Sustainable Finance and supporting outcomes aligned to Sustainability and Impact goals, such as the UN SDGs.

04 December 2019

News/cloud

How does cloud democratise consumers in banking and payments?

In banking and payments, much is discussed about the end retail customer experience. We often read about B2C or even B2B2C payments, mostly because mobile devices have extended well beyond simple communication.

15 November 2019

News/cloud

7 ways banks can leverage the cloud to achieve customer centricity

Evidence suggests that centring operations around customers rather than focusing on products improves user experience and generates revenue. The cloud can help incumbent banks digitise operations that are structured around siloed, on-premises systems, data and processes, and enable them to become customer-centric.

15 November 2019

News/cloud

Putting regulatory reporters in the driving seat with the cloud

Regulatory reports have become too complex to handle, forcing banks to search for alternative and sustainable cloud-based solutions that can reduce the cost of compliance.

15 November 2019

News/sustainable

De-risking sustainable reporting of commercial banking data

While the Sustainable Development Goals (SDGs) set by the United Nations General Assembly for 2030 are ambitious, the financial services industry will play a crucial role in supporting countries with implementing new approaches to build momentum and accelerate progress.

12 November 2019

News/cloud

How the cloud increases capacity and agility

The cloud propels financial institutions (FIs) forward and provides the opportunity to scale in line with market demands such as volatility in the capital markets space, new regulations in banking and payments or increasing data assets in the insurance industry.

18 October 2019

News/cloud

Leveraging cloud migration to power digital transformation

The volume of data has exploded, and it is becoming increasingly important for financial institutions (FIs) to manage and derive value from their data. However, harnessing data is not a simple task and an increasing number of organisations are leveraging cloud to unlock new value.

18 October 2019

News/cloud

Why are FIs shifting grid computing to the cloud?

The financial services industry has long required compute-intensive calculations for risk management, regulatory compliance, product development, pricing, trading, clearing and surveillance. However, the volume and timeliness of these calculations have increased.

18 October 2019

News/cloud

Increasing compute power with the cloud

The instantaneous availability of compute power in the cloud is supporting an explosion of data consumption in the financial services industry. In order to manage the vast amount of information in competitive and fragmented markets and derive actionable insights, a new approach to data management is essential. And financial institutions (FIs) are increasingly looking to the cloud.

18 October 2019

Datawarehousing