Category Archives: Banking & Finance

Getting digital transformation right: Lessons learned – from decisions to data

“Digital transformation becomes very ineffective if you don’t have any focus,” explains Kamala Manju Kesavan. “What are you trying to do? Are you clearing your tech stack? Are you trying to solve a customer problem? Clear strategy and goals are very important.” Of course, there might be the ideal use case where you can both… Read more »

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Oracle Cloud Service enables banks to manage climate change risk across portfolios

Financial institutions are under increased pressure from regulatory bodies to understand their environmental footprint and that of the companies they finance or invest in, otherwise known as financed emissions. To help banks better assess climate risk Oracle today announced Oracle Climate Change Analytics Cloud Service. With built-in AI, the new reporting and analytics solution is… Read more »

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Sopra Banking Software and AWS expand work to bring banks to the cloud

Sopra Banking Software (SBS) has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program, a co-sell program for AWS Partners who provide software solutions that run on or integrate with AWS. The ISV program helps AWS Partners drive new business and accelerate sales cycles by directly connecting participating ISVs with the AWS… Read more »

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HSBC partners with Google Cloud to grow climate tech ecosystem

HSBC has partnered with Google Cloud to accelerate climate mitigation and resilience through financing and support for companies in the Google Cloud Ready – Sustainability (GCR-Sustainability) programme. GCR-Sustainability is a validation programme for companies with solutions available on Google Cloud that help customers achieve goals including carbon emission reduction, increased sustainability in value chains, and processing of… Read more »

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How one major bank rebuilt its cloud – and aligned it to the business strategy

The telecoms and banking sectors have a little more in common than you may think. While many analysts have posited a technological future where the two sectors converge, there is another area of similarity. They both have major core strength and significant user bases; yet both still run on a lot of legacy IT. Himanshu… Read more »

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Nokia and Innova Solutions partner to deliver programmable network applications

Nokia and Innova Solutions, a global digital transformation solutions provider, have announced a partnership that will utilise the Nokia Network as Code platform with developer portal (platform) to create and deliver programmable network solutions. The agreement will accelerate the digital transformation of enterprises in industries such as banking/financial services, transportation and logistics, technology, life sciences,… Read more »

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ManageEngine launches cloud-based remote monitoring and management solution 

ManageEngine, the enterprise IT management division of Zoho Corporation, has launched Endpoint Central MSP Cloud, which it says brings the advantages of the cloud’s scalability, flexibility, and efficiency to the remote monitoring and management (RMM) of endpoints for managed service providers (MSPs). The launch also completes the first stage of the company’s vision for a… Read more »

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Nearly a quarter of businesses are losing more than £100,000 a year to IT skills shortage

Nearly a quarter of IT decision-makers (22%) estimate IT skills shortages are costing their business more than £100,000 a year in recruitment fees, temporary staffing, increased salaries and investment in lower-level employees to bring them up to speed over time. As the skills shortage worsens, over three-quarters of respondents polled (77%) say their organisation’s IT… Read more »

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Kyndryl unveils banking and financial industry services for Google Cloud customers

Kyndryl, a technology infrastructure services provider, has unveiled new services for financial services organisations seeking to use Google Cloud to safely store and protect their confidential and sensitive data. Kyndryl’s new services are designed to enable a unified, scalable and security-rich data platform to support customers’ regulatory and compliance activities and requirements. Kyndryl developed the… Read more »

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40%+ of firms lose revenue from technology downtime and cloud complexity

55% of enterprises are struggling to derive meaningful insights from their data, highlighting an industry-wide need to deliver technology faster, more reliably and in more places, according to a survey by Hitachi Vantara, the modern infrastructure, data management and digital solutions subsidiary of Hitachi. The survey revealed ongoing challenges related to security, inflexible systems, isolated… Read more »

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