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Latest Results from /cloud

/cloud

Covid-19: Goldman CTO says remote tech working 'flawlessly'

The Covid-19 crisis could spur innovative uses of technology, such as VR trading desks, in the financial services sector, according to Goldman Sachs CTO Atte Lahtiranta, who says the Wall Street giant has adapted smoothly to the lockdown.

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IBM hires BoA CTO Boville to lead cloud biz

IBM has hired former Bank of America chief technology officer Howard Boville as head of its cloud business.

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ABN Amro joins $80m Privitar funding round

UK-based data privacy startup Privitar has raised $80 million in a Series C funding round led by Warburg Pincus and joined by ABN AMro Ventures.

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The impact of Covid-19 on the economy, banks and fintechs

Covid-19 has landed, unforeseen and unwanted. Communities across the world are now taking extraordinary measures to contain its threat.

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QRails raises $8m

Cloud-based payment processing startup QRails has closed an $8 million Series A funding round led by EFM Asset Management.

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Lloyds Banking Group signs five-year Google Cloud deal

Google Cloud has landed a five-year deal with Lloyds Banking Group, part of the UK bank's commitment to spend £3 billion on digital transformation projects.

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Transformative regulation finds its feet in 2020

The true benefits and complexities of transformative regulation across financial services is set to become reality in 2020, as firms work to prepare and implement systems to meet compliance standards while maintaining a competitive edge.

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InvestCloud launches digital platform for IFAs

InvestCloud has unveiled a digital platform for wealth management and turnkey asset management programs (Tamps).

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Temenos selected as core provider for Bank of Queensland tech rebuild

The Bank of Queensland has selected Temenos as the core banking supplier for its $440 million full stack tech rebuild.

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Standard Bank SA makes SAP and Microsoft Azure cloud move

Standard Bank South Africa is moving its core SAP Cloud Platform services to Microsoft Azure in a move the bank says will have a significant effect on customer experience.

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Nationwide delays business banking account launch

Nationwide Building Society has put back the launch of its business account to later in the year as it continues testing of its mobile app and builds an Open Banking-powered switching tool.

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Thought Machine raises $83 million to drive global growth

Core banking provider Thought Machine has banked $83 million in Series B funding, in a round led by Draper Espirt with continuing participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair Capital.