banks

Think “Banks Never Do Anything Cool?” – Think Again

When speaking to the Daily Telegraph, Revolut CEO Nikolay Storonsky declared “I’ve never seen a big bank do something cool – if they did we wouldn’t exist.” It’s a commonly-held view that banks and fintechs are at odds and that innovation from new companies like challenger banks pose a threat to incumbents. However, this isn’t…

resilience & disaster recovery

Resilience & Disaster Recovery in Digital Transformation

Resilience & disaster recovery are generally seen as a business cost rather than a driver of value. Although businesses put a lot of investment into “keeping the lights on”, especially in banking, new digital technologies are seen as the drivers of value while resilience & disaster recovery are viewed as an expense rather than an…

Brexit

Planning for Brexit Technology Change: What CIOs Need To Know

Until negotiations have been finalised, we can’t know the degree to which Brexit will affect the IT sector within the UK’s financial services industry. However, organisations are already preparing for the potential scenarios that could arise and, in the face of uncertainty, are planning for every eventuality. Many businesses will follow through with their Brexit…

CCAR

Cutover Case Study: CCAR Reporting

CCAR (Comprehensive Capital Analysis and Review) is a United States regulatory framework introduced by the Federal Reserve to assess, regulate, and supervise large banks and financial institutions. CCAR attestation is a complex end-to-end process that requires a chain of human attestations and needs systemic support. Most organisations have built their own (very different) tools to…

outage

“Too Big To Fail” – Why Do Big Banks Still Suffer Major IT Outages?

In the age of DevOps, Agile and continuous integration, major outages should be a thing of the past. If everything is automated and continually delivering, how can anything go catastrophically wrong? The truth is that most major organisations are nowhere near this DevOps utopia and still carry out major upgrades and migrations which heavily rely…