Latest Cloud News: Finextra Research

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.

05 March 2020

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.

05 March 2020

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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.

03 March 2020

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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.

02 March 2020

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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

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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

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Deutsche Bank invites Amazon, Google and Microsoft to pitch for tech overhaul

Deutsche Bank is inviting bids from tech giants Amazon, Google and Microsoft to fix its outmoded technology estate, according to a report from Reuters.

11 February 2020

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Standard Chartered to digitise the supply chain with Infor Nexus

Standard Chartered is looking to ease the supply chain finance headache for business clients through an arrangement with the Infor Nexus Network

07 February 2020

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Goldman mulls industry-specific financial cloud

Goldman Sachs is weighing the potential to build an external cloud platform for use by other financial institutions, according to a memo seen by Yahoo Finance.

05 February 2020

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SBI invests $20m in core banking-API integration firm OpenLegacy

Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.

31 January 2020

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ABN Amro signs cloud and DevOps deals with Indian vendors Infosys and TCS

Infosys has signed a multi-year, multi-million euro contract with ABN Amro Bank to accelerate its cloud and DevOps transformation journey. The Dutch bank has also signed a separate cloud migration and DevOps deal with fellow Indian vendor Tata Consultancy Services.

31 January 2020

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Temenos hops on to Google Cloud

Looking to capitalise on explosive growth in cloud adoption by banking institutions, Swiss core banking vendor Temenos is extending its partnership with Google Cloud.

29 January 2020

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