cloud computingRSS

Banking Technology Awards: celebrating people that make things happen

Calling on all inspiring women in fintech!

This year’s Banking Technology Awards will be taking place on 13 December in London and once again we will be celebrating people that make things happen! The Leadership Awards will recognise individuals and teams that made a considerable contribution to our industry. What are the categories you can nominate in? Woman in Technology (W.I.T.) Award, in partnership with FemTechGlobal, will […]

IBM deal puts final nail in the Verizon enterprise cloud coffin


It’s been expected for a while, but Verizon’s sale to IBM confirms the giant has officially given up on the cloud.

SS&C’s Global Wealth Platform live at Smead Capital

Smead Capital live with cloud-based Global Wealth Management platform

Seattle-based Smead Capital Management has gone live with a new wealth management platform – Global Wealth Platform (GWP) – provided by SS&C Technologies. The solution is delivered in the cloud. GWP replaced Smead Capital’s legacy solution supplied by a third party. SS&C says Smead Capital was looking to increase automation “simply and cost-effectively” and to […]

TCS to deliver cloud-based post-trade processing platform to Sernova Financial


Sernova Financial, a UK-based provider of turnkey post-trade services, has recruited TCS to deliver a new cloud-based derivatives post trade processing service. The software underpinning this service is supplied by Calypso. TCS says this tie-up “combines Sernova’s capital markets expertise, Calypso platform’s capability and TCS’s bouquet of capital markets solutions”. Venkat Ramasamy, executive chairman of […]

Bendigo and Adelaide Bank deploys IBM Bluemix cloud development platform

Bendigo and Adelaide Bank's new HQ.

Bendigo and Adelaide Bank, Australia’s fifth largest retail bank, has deployed IBM’s cloud development platform, Bluemix. It will assist the bank to develop new banking products and services for its 1.6 million customers, says Stella Thredgold, the bank’s business enablement exec. “The way our customers engage with us and the service they need is changing, […]

Amazon Web Services outage causes digital banking problems in Australia

AWS causes digital banking problems at Australian banks

A technical outage of the Amazon Web Services (AWS) cloud this weekend left many customers of Australian banks unable to use cards, ATMs and Eftpos terminals. The banks affected include Westpac, ME Bank and Commonwealth Bank of Australia (CBA). Some also pointed the finger of blame at payment providers such as First Data. Just a […]

Are cloud-based managed services set to take off in 2016?

Dana Brants, Swift, predicts  the managed services "megatrend"

Over the last few years, technology infrastructures have become increasingly complex and expensive to manage. At the same time, IT budgets have been cut, leading to companies finding it hard to provide and maintain IT infrastructures. Dana Brants, head of services at Swift, looks at what companies can do under the circumstances. Due to costs, […]

Markit adopts AWS cloud services

Markit says its move to embrace cloud will cut costs and improve efficiency

Financial information services firm Markit has begun using Amazon Web Services, in a deal the firm says will optimise the performance and scaling capabilities of Markit products and services including enterprise data management, thinkFolio, WSO, indices and processing.

Cyber-security and operational risk converge, says study


Operational risk and cyber-security concerns are converging as a topic for risk managers, who also face a changing agenda resulting from the digital transformation of baking and financial services.

No cloud please, we’re bankers

BT Radianz says the new technology will improve the efficiency of clearing

Despite predictions over the last few years that banks were just a heartbeat away from adopting cloud technology, only 1% of banks are actually running core processing in the cloud today, according to a new report by Temenos.