Latest Cloud News: Finextra Research

AFME urges faster adoption of cloud computing in capital markets

The Association for Financial Markets in Europe (AFME) has set out 14 recommendations to help realise the full potential of public cloud computing across the capital markets industry, as issues around legacy technology, security and regulatory concerns and standardisation slow uptake.

05 November 2019

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UK MPs demand urgent action on bank IT failures

UK politicians have rounded on the nation's banks over an "unacceptable" level of IT crashes and outages, calling on regulators to take action to improve operational resilience across the sector and to consider the implementation of new rules on cloud service providers.

28 October 2019

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Santander InnoVentures invests in Roostify

Santander InnoVentures has led an expansion funding round for San Francisco-based digital mortgage lending platform Roostify. The size of the round has not been disclosed.

23 October 2019

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AI, cloud, blockchain and beyond: Changing the financial world individually and in tandem

AI, cloud, blockchain and quantum computing form some of the pillars the much-discussed Fourth Industrial Revolution, with financial services watching on in anticipation of the disruption they promise in the years ahead.

18 October 2019

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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

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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

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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

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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

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Old Mutual enlists AWS for cloud migration

African financial services giant Old Mutual is moving to the cloud, with Amazon Web Services (AWS) as its preferred provider.

16 October 2019

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CME hops on Google Cloud for real-time market data delivery

CME Group is to become the first derivatives marketplace to offer real-time futures and options market data across the Google Cloud platform.

15 October 2019

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Cloud tops the agenda for corporate treasury automation

Corporate treasurers view the advance of cloud computing as the most important technological development facing the industry over the next five years, followed by Big Data analytics and artificial intelligence.

11 October 2019

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UK challenger Recognise signs for nCino cloud package

Recognise Financial Services, the latest challenger brand taking aim at the SME sector in the UK, has contracted with core bank provider nCino for delivery of its cloud-based Bank Operating System, as it gears up for launch in 2020.

08 October 2019

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