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Financial Services

Shadow IT failings cost Morgan Stanley $200m as CIOs continue to grapple with WhatsApp use

UK government's self-deleting WhatsApp message use was legal, meanwhile...

Online payments fraud to hit $343 billion

"FIs will need to focus on a multi-layered approach to mitigate losses."

US market regulators, still alarmed by 2020’s “weird and scary” market crisis, eye more real-time data

The US Treasury is seeking more post-trade data transparency across the US Treasury securities market amid mounting concern that limited real-time visibility into market behaviour in one of the most deep, liquid, and critical global financial markets could mean regulators are unable to react swiftly to future crises. Fresh proposals

BIS touts digital currencies for future monetary system

Central Bank Digital Currencies support innovation, "seamless" cross-border activity

SaaS, fintech, AI dominate still-booming UK tech investment

UK tech firms took 45% of all equity investment last year.

Goldman Sachs backs DataStax to power through downturn

Investment comes as DataStax broadens offering to include data streaming

ING CTO: We're shifting applications aggressively to private cloud

"It's quite unique for a bank to build such an extensive in-depth technology platform..."

This government department pays out £3 billion weekly: What if its IT systems went down?

New DWP tender aims to make sure that that never happens...

Down in the Goldman Sachs IT engine room, old school and open source rub shoulders

Goldman Sachs may have over $2 trillion in assets under supervision. But in its IT engine room, like many large organisations, the investment bank relies heavily on free and open source software (OSS) as well as some aging yet still widely deployed commercial databases -- including to help it serve

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