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Goldman Sachs names AWS exec Argenti tech chief

/cloud

Goldman Sachs names AWS exec Argenti tech chief

Goldman Sachs has hired Amazon Web Services executive Marco Argenti to replace departing co-chief information officer Elisha Wiesel, according to the Financial Times.

Bloomberg takes cloud-based real-time data global

/cloud

Bloomberg takes cloud-based real-time data global

Bloomberg is making its B-Pipe real-time market data feed available to clients around the world through Amazon Web Services (AWS).

Temenos signs new Scottish neobank Alba

/cloud

Temenos signs new Scottish neobank Alba

New Scottish SME challenger bank Alba is to run its business on Temenos’ packaged cloud-native software, a model bank package that has been taken up by other neobanks across the world, including Varo Money, Praxia, Volt Bank, Judo Bank and Grasshopper Bank

What are the benefits of being born in the cloud?

/cloud

What are the benefits of being born in the cloud?

An increasing number of challenger banks, neobanks and digital offshoots are being born in the cloud and the technology is now being used by traditional banks and new players alike for all IT needs. Banks that are born in the cloud are at an advantage because legacy players that are in the process of migrating to the cloud are struggling with application modernisation, data centralisation and security.

Capital One suspect indicted

/cloud

Capital One suspect indicted

Seattle-based software engineer Paige Thompson faces up to 25 years in prison after being indicted on two counts related to the Capital One data breach that affected 106 million customers.

Temenos boosts US position through Kony acquisition

/cloud

Temenos boosts US position through Kony acquisition

Temenos has strengthened its hand in the US by agreeing to buy digital banking SaaS outfit Kony for $559 million and an earn-out of $21 million.

Migrating market data to the cloud

/cloud

Migrating market data to the cloud

Market data is the lifeblood of financial institutions (FIs) with banks, brokers, wealth managers, asset managers and hedge funds relying on quality pricing and trade-related data to power their business applications. But today customers expect to access to data on their personal devices and FIs are stepping up their digital transformation game.

ASX brings VMware into blockchain project

/cloud

ASX brings VMware into blockchain project

With a blockchain-based settlement system already in the pipeline, the Australian Securities Exchange (ASX) is now looking to expand its use of distributed ledger technology though a partnership with cloud computing giant VMware.

APIs in the cloud are now the prevailing archetype

/cloud

APIs in the cloud are now the prevailing archetype

The future lies in microservices in the cloud. While the financial services industry continues to discuss digital transformation, actions speak louder than words. Organisations that want to meet the needs of the next generation of consumers will use software comprising small services that communicate over well-defined application programming interfaces (APIs) deployed independently – the microservices approach.

How to drive business value with APIs in the cloud

/cloud

How to drive business value with APIs in the cloud

The cloud simplifies and accelerates delivery of open banking standards, providing opportunities to improve awareness, transparency, and scale. Industry players would benefit by forging ahead with more effective and structured collaboration, facilitated by application programming interface (API) standardisation and shared customer data insights.

Scaling for the next generation with APIs in the cloud

/cloud

Scaling for the next generation with APIs in the cloud

Today’s generation of consumers expect a digital-first experience from their providers. Whether they’re shopping online, streaming content or interacting with financial institutions, anything less than on-demand is no longer acceptable. However, when considering the US, retail banking is not yet fully digital, and customers must still visit a branch to fill out paperwork when opening an account.

Finastra wins second neo banking client for cloud-based core package

/cloud

Finastra wins second neo banking client for cloud-based core package

Finastra has scored its second core cloud banking deal with an up-and-coming UK neo bank, adding SME-focused startup Gravity to its client roster.

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