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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.
‘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...
When Core Banking solution (CBS) was designed in the late1990’s, it was engineered to connect to the different branches of the bank using a central database and ensure proper accounting to generate th...
Even though the “godfathers” of programming—Maurice Wilkes, David Wheeler, and Stanley Gill—introduced APIs in the late ’40s, and Salesforce, Facebook, Google, and others also began making feature-ric...
The shift to a ‘marketplace’ model, rise of fintech companies and arrival of new players in the payments value chain have had a profound impact on market dynamics within the financial services sector....
Businesses are increasingly adopting open-source software. As a result, it is predicted to become a $50 billion market by 2026. The thriving open-source community is releasing the software and its so...
Although IT resiliency has long been a common theme and practice for financial institutions, the rapid digitalisation of financial services is underscoring its importance. Over time, the financial sys...
The increasing digitalisation of our world is impacting all of our everyday lives - and money is no exception. At its core, what money is and its capabilities are. We’re seeing government, big tech, t...