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Financial Services

Swiss Re buys Fathom, flood data specialist and The Stack's inaugural Tech for Good award winner

Globally, natural catastrophes caused $100 billion in insured losses this year alone, with “at least” $12 billion of these total insured losses attributed to flood-related events.

Banks need to do better on operational resilience: Basel

"There is still work to do on developing appropriate business continuity and contingency plans and exit procedures where third parties provide critical operations"

BoE, Deutsche Börse, Fidelity  on the challenges of maintaining security without sacrificing innovation

"That’s definitely the hottest topic right now in tech for us across the bank,”

World’s Biggest Bank hacked: ICBC may have failed to patch "Citrix Bleed" vulnerability

Courier dispatched with a USB stick carrying trade settlement details after systems disrupted...

Endgame! Basel III rules put banking bosses on edge – IT impact also looms for CTOs

Rules demand "a significant uplift in terms of new data sourcing... IT leadership will need to carefully manage cultural and technical integration between internal risk and compliance teams"

EQ bank hashicorp boundary

Challenger bank makes a bold choice for new identity and access management program

Goldman Sachs stung as it dumps fintech, commercial real estate losses mount

Commercial real estate losses show scale of "remote work" damage on CRE area.

US mega-banks keep up tech spend, but emphasise headwinds

"We're deep into the large body of work of automating manual controls and processes, consolidating fragmented tech platforms and upgrading our data architecture"

Metro Bank wins a lifeline, but for how long?

Efficient at IT, but not much else looks hugely attractive

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