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Financial Services

Bank of England warns on expanded operational resilience regime – cloud providers put on notice

New demands of "critical third-parties" will "require some adjustments all round" says senior BoE official.

Bank of England praised for streamlined risk approach -- but staff keep sending emails awry

Address blunders make up almost half of "minor" compliance breaches

HSBC shakes up technology governance, plans new NED-led Board committee

"We continue to upgrade many of our IT systems and are transforming how software solutions are developed..."

Bank of England's tech overhaul: 'Open Sesame' or more friction?

Proposed changes for account onboarding front-load compliance burden, even as technology gets slicker...

US commodities market regulator wants traders to ratchet up resilience

Just how do you make trading places more secure

equilend cybersecurity incident

"We are working methodically to restore the involved services as quickly as possible"

Stored procedures in Sybase-based applications that have become a "humungous monster" do not make that easy. One banking multinational is testing the switch to MongoDB...

Job of the Week: Head of IT Transformation, Allianz

Allianz more broadly has successfully ditched mainframe-based core IT applications for x67 servers with Linux operating systems.

Llama 3 is in training – as Meta vows to add another 350,000 Nvidia H100 GPUs to its infrastructure this year

Goldman Sachs CIO says "there’s a great opportunity for capital to move towards the application layer, the toolset layer. I think we will see that shift happening..."

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