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What the Digital Operational Resilience Act means for you

CIO

Every business in some form or another is looking to adopt and integrate emerging technologies—whether that’s artificial intelligence, hybrid cloud architectures, or advanced data analytics—to help achieve a competitive edge and reach key operational goals.

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4 hidden risks of your enterprise cloud strategy

CIO

And those massive platforms sharply limit how far they will allow one enterprise’s IT due diligence to go. When performing whatever minimal due diligence the cloud platform permits — SOC reports, GDPR compliance, PCI ROC, etc. it’s critical to remember that it is only a snapshot at that moment of evaluation.

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NetSuite adds generative AI to its entire ERP suite

CIO

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales. The ERP suite is available on Oracle Cloud Infrastructure.

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The Hidden Gem of Savings in the Software Delivery. And no, it’s not AI

CIO

It will improve project management, help with requirements creation, assist developers with coding, cover the system with auto-tests, report defects, and improve deployment. Example 1: major outage after a core system update A large broker-dealer updated its core system and immediately ran into a catastrophic failure.

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How Machine Learning is Used in Finance and Banking

Exadel

Sophisticated, intelligent security systems and streamlined customer services are keys to business success. The banking landscape is constantly changing, and the application of machine learning in banking is arguably still in its early stages. However, banks using AI and ML are quickly going to overtake their competitors.

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AI & RegTech’s Role in Helping You Automate Regulatory Compliance

Exadel

Keeping up with compliance is a costly and time-intensive job for any financial institution. In 2017, S&P Global Market Intelligence published that their research showed compliance costs were up at least 20% for many U.S. More recently, a study in 2022 showed compliance costs in North America were up a further 13.6%

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How to Hire Fintech App Developer for a Banking Platform with Java and Android

Mobilunity

Fintech has revolutionized banking, improving operational efficiency and client satisfaction. Java is great for banking app backend systems because it’s portable, fast, and secure. Android, the world’s most popular mobile operating system, makes banking apps accessible to many consumers.

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