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A community for discussing the latest happenings in banking IT. Credit Crunch impacting Risk Systems overall, revamp of mortgage backed securities, payment transformations, include business, technology, data and systems architecture capturing IT trends, 'what to dos?' concerning design of systems.
As we highlighted in the Evolution of Banking, the technology landscape has evolved over time. Each change has brought new capabilities that were not possible with previous versions. At the same time,...
Over the next few weeks, I will provide a definitive guide to the next evolution of banking technology – Coreless Banking. Amid a period of unprecedented digital and technological transformation, fas...
Bill Waid, FICO's chief product and technology officer, recently shared his insights into how banks can measure their success with their efficiency ratio and profitability. I'm sharing his insights be...
"War is too serious to keep it between the hands of military generals." These were the profound words spoken by Georges Clemenceau, also known as "The Tiger," former head of the Fr...
A successful digital transformation strategy should establish an advantage over competitors while improving consumer experience and reducing costs through technology. However, when it comes to impleme...
Of all the Web2 applications, services and products being reimagined in a decentralized, Web3-ready way, perhaps banking (and e-banking) is one that makes the most sense. Given that a core tool of Web...
‘Mainframe is dead!’ has long been a cry within the IT industry but the reality is, many organisations still rely heavily upon mainframes with data sitting on them around the 12EB (yes, exabyte) mark ...
As one of the first 10,000 users of Netflix, I've been following their progress closely for more than a decade. Netflix was early to the streaming game and began building their data centers for not on...
With a decade-plus of cloud-based services now under our belt, the technology has understandably evolved over time from lift and shift of applications to the cloud to cloud native deployments. The de...
Nowhere is cloud use being more dynamically adopted at the moment than in finance - just ask any cloud vendor, from hyperscaler to cloud service provider to SaaS provider, about how strategically impo...
SaaS (Software-as-a-Service) providers offer a convenient solution for businesses looking to outsource the operations and maintenance of their internal software without incurring the overhead or risk ...
The banking sector was not quick to take the cloud model to its heart. A combination of heavy investment in legacy systems and an in-built cultural reticence around letting go of on-premises control m...