Bank of England
Monk (previously at construction firm Travis Perkins) does offer important continuity and understanding on one of the most significant digital transformation programmes at the BoE
The worst RTGS outage in nearly a decade was resolved without too much loss of hair but will renew enthusiasm for a core settlement engine replacement due in 2024...
Central bank keen to "improve consumption-based spend and reporting and to be able to "make strategic TCO decisions on location of workloads..."
"... a concept has been developed for a centralised solution that will provide firms with an automated classification answer."
Six years after an exercise flagged the risks of a “prolonged technical outage” in the core settlement engine of the Bank of England, efforts to “seek to understand and mitigate legal barriers” to one proposed mitigation are unfinished – although progress on a core hardware and software replacement continues to make
"Your CEOs may need to start making different types of phone calls..."