operational resilience Financial Services FMIs News "We expect greater engagement" Bank of England cracks whip over operational resilience “Less than a year out from the March 2025 deadline… there is still considerable work to be done for many FMIs.” Edward Targett May 03, 2024
software News Banking “Seriously out of date” software hampering BoE forecasting: Bernanke “Increasingly complex and ad hoc software patches needed to deal with emerging problems and inconsistencies in the forecasting process” says former Fed chairman. Edward Targett April 17, 2024
operational resilience Cybersecurity News 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. The Stack March 13, 2024
News email compliance Bank of England praised for streamlined risk approach -- but staff keep sending emails awry Address blunders make up almost half of "minor" compliance breaches Joe Fay March 04, 2024
RTGS fintech payments News Banking 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... Edward Targett February 12, 2024
DevOps developers News shift left GitHub Fidelity Deutsche Borse 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,” Lara Olszowska November 16, 2023
CIO Leadership News Bank of England anoints its fourth CIO in just two years as IT leadership churn continues Monk (previously at construction firm Travis Perkins) does offer important continuity and understanding on one of the most significant digital transformation programmes at the BoE Edward Targett September 08, 2023
News payments settlement Critical Bank of England systems outage puts the spotlight back on a major settlements overhaul The worst RTGS outage in nearly a decade was resolved without too much loss of hair but will renew enthusiasm for a core settlement engine replacement due in 2024... Edward Targett August 15, 2023
