Financial Services
“The target operating model is UBS. The IT that we choose is UBS… It doesn't mean that necessarily all the time the UBS technology and target operating model is the right one. But it is the one that we can execute faster…”
“Less than a year out from the March 2025 deadline… there is still considerable work to be done for many FMIs.”
"The second most prevalent vulnerability was CVE-2022-21587, a critical unauthenticated file upload vulnerability in Oracle E-Business Suite..."
“Increasingly complex and ad hoc software patches needed to deal with emerging problems and inconsistencies in the forecasting process” says former Fed chairman.
Remediating data is a major 2024 priority
New demands of "critical third-parties" will "require some adjustments all round" says senior BoE official.
"We continue to upgrade many of our IT systems and are transforming how software solutions are developed..."
Proposed changes for account onboarding front-load compliance burden, even as technology gets slicker...