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In late 2020, IBM brought together CIOs and CTOs from a handful of global systematically important banks for a virtual meeting. The agenda included setting up a charter to form a group that will focus on materially reducing the risk of cloud consumption across the financial services industry....
In recent years, cloud adoption services have accelerated, with companies increasingly moving from traditional on-premises hosting to public cloud solutions. However, the rise of hybrid and multi-cloud patterns has led to challenges in optimizing value and controlling cloud expenditure,...
(photo credit: ABA Journal) The Office of the Comptroller of the Currency proposed a new rule on today to expand its enforceable recovery planning guidelines to national banks, federal savings associations and federal branches with at least $100 million in assets, down from the current...
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Editor's note: This article originally appeared on Knowledge at Wharton and was written by Shankar Parameshwaran. Wharton’s David Zaring explains how the proposed Basel III Endgame banking rules, scheduled to go into effect this year, could impact U.S. banks. Big U.S. banks...
To meet the demands of today’s consumers, enterprises must be continuously innovating. But innovation doesn’t happen in silos. Fintechs, for example, have been transformational for the financial services industry, from democratizing finance to establishing digital currencies that revolutionized...
FinOps is an evolving cloud financial management discipline and cultural practice that enables organizations to get maximum business value by helping engineering, finance, technology and business teams to collaborate on data-driven spending decisions. In this video by the FINOS Foundation, you...
In this inaugural episode of Banking on the Cloud, John Wei, CTO, Integreon and Gen AI for Banking expert, sits down with host @Anne Leslie , Cloud Risk and Control Leader-Europe at IBM Cloud Financial Services, and dives deep into the transformative power of Generative AI. They discuss how Gen...
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About Rahiel: Rahiel Nasir is responsible for leading and contributing to IDC's European cloud and cloud data management research programs, as well as supporting associated consulting projects. In addition, he leads IDC's worldwide Digital Sovereignty research program. Nasir has been watching...
Update: Watch Episode 001! Unlocking Business Value with Gen AI: Transforming Financial Services We are pleased to announce the launch of our new video podcast, Banking on The Cloud, sponsored by our community, the IBM Financial Services Cloud Council and Forum. If you're looking for a...
If trust is arguably the most important concern with AI, I dare say app modernization is a close second. Businesses are constantly reinventing their ways of working for multiple reasons—be it to take advantage of the latest innovation, to enhance productivity or sometimes just to avoid non...