CloudRSS

Laying the foundations for agile financial services

Martin Cooper is

As many more tech companies begin offering bank-like services, mainstream banks are searching for ways they can fight back

Banking innovation: a marathon, not a sprint

Derek Britton is director of

Britain’s banks have reliably serviced the banking needs of millions of customers for more than a hundred years; providing a safe place to store hard-earned cash, mortgages to buy dream homes, and great interest rates to accumulate savings

Financial institutions ramp up IT innovation

Consumers still don't understand the risks of card fraud, according to Aite

Banks and other financial institutions are finally spending more on growing new products in areas such as mobile and data analytics rather than maintaining legacy systems, according to a new report by Capgemini.

Six reasons why cloud computing will transform the way banks serve clients – and the five hurdles to overcome

Alastair Brown is head of eChannels at RBS global transaction services

The European Commission wants to bring down the barriers to cloud computing in a move that promises to revolutionise the way transaction banks can serve clients.

Cloud – what is it not good for?

Cloud

Across the financial services sector, the question is now less about where cloud technology is being used, and more about where it isn’t used. Where do financial institutions draw the line when it comes to deciding whether to keep a process or IT-related service in-house or outsource it to specialists such as Amazon Web Services, SAP and many others?

Credit Agricole CIB outsources US IT in multimillion deal

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Credit Agricole CIB has signed an outsourcing deal with Genpact, in which the technology firm will help the bank by providing its IT development and maintenance, production support, infrastructure management and user support in the US.

Dutch regulator okays Amazon Web Services for financial sector

DNB recently approved Amazon Web Services for use by the Dutch financial sector

De Nederlandsche Bank (DNB), the Netherlands’ national banking regulator, has cleared Amazon Web Services for use in the country’s financial sector, clarifying key supervision criteria for Dutch organisations looking to move infrastructure or services to the AWS cloud.

Nasdaq FinQloud financial cloud expands with Jordan & Jordan

Jordan & Jordan will use Nasdaq FinQloud to host its execution compliance and surveillance service

US consulting, market data and technology firm Jordan & Jordan has chosen to launch its execution compliance and surveillance service on Nasdaq OMX FinQloud, the cloud computing platform built for financial services and powered by Amazon Web Services.

Deutsche Börse launches first public vendor-neutral cloud marketplace

The DBCE is expected to be commercially available in Q1 2014

German exchange group Deutsche Börse has announced what it claims to be the world’s first vendor-neutral marketplace for cloud services.

Celent study says banks should put outsourced payment infrastructures into the cloud

Gareth Lodge

Banks need to cross a psychological barrier and embrace the concept of outsourcing their payments operations if they are to compete on product innovation and customer service rather than simply on cost.

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