Financial Services
Change freezes are over, RTGS now operational near 23/7 for some administrative tasks
"The entire system is event-driven. Everything is on the public cloud and the things that have very high availability requirements are on multiple public clouds. You’re not lifting and shifting some other person's nasty 1980s software. This is all brand new microservice-based software."
"We extensively use our virtual private cloud, and as need be, we can burst into public clouds"
"A lot of the Alpha today depends on time: If you ask me to price a complex product and if I can price it 10X faster..."
Jamie Dimon: "I don't know why you'd want a stablecoin as opposed to just a payment"
"Relevant data which Monzo did gather at onboarding (e.g. tax residency, ID type, IP address and adverse media) was not utilised..."
Foundational model shows big results, but fraud doesn't stand still
"We have to embrace disruption..."
"Our own J.P. Morgan Payments internal data showed record-breaking transaction volumes..."