Banking
"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...
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...
People take the hit to offset huge spending on tech, risk.
"There is still work to do on developing appropriate business continuity and contingency plans and exit procedures where third parties provide critical operations"
Courier dispatched with a USB stick carrying trade settlement details after systems disrupted...
Rules demand "a significant uplift in terms of new data sourcing... IT leadership will need to carefully manage cultural and technical integration between internal risk and compliance teams"
Commercial real estate losses show scale of "remote work" damage on CRE area.
