Enterprise IT
The Federal Reserve Bank of New York settled cross-border FX spot trades in under 10 seconds using distributed ledger technology (DLT) under tests as part of its “Project Cedar” it revealed today. Critically, the trades were conducted across a "multi-ledger ecosystem" it added. The New York Fed conducted
SWIFT is building a new platform that will let it run cutting edge analytics on over 10 billion transactions a year using a containerised on-premises infrastructure, federated learning models and unique software-defined memory to help it utilise its existing hardware stack, says Chief Innovation Officer Tom Zschach. The platform will
Microsoft has been warned that “Google and Oracle… will likely match and even exceed Azure’s capabilities on some dimensions in time” in Gartner’s 2022 Magic Quadrant for Cloud Infrastructure and Platform Services.” AWS, meanwhile, “AWS often optimizes for the short term when dealing with customers.. This, along with
Composable ERP means interacting with more vendors as you adopt best-of-breed applications. Support needs to change
AWS customers are prioritising cutting their bills, Amazon executives confirmed on a Q3 earnings call – with growth falling back to a “mid-20%” rate towards the end of the quarter. That’s down from 37% in Q1. That figure has “ informed how we're thinking about the guidance ranges” heading