OTS Solutions

JUNE 21, 2023

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

Compliance 130

Compliance Enterprise Applications Software Review 130

CIO

APRIL 11, 2023

The financial services sector is undergoing rapid change as fintechs develop convenient, consumer-focused services that were once the province of traditional banks. A modern bank must have an agile, open, and intelligent systems architecture to deliver the digital services today’s consumers want.

Innovation 340

Innovation Cloud Fintech Azure 340

CIO

MARCH 18, 2024

Given existing relationships with Webster Bank, that includes AWS and Microsoft. To find promising use cases, Webster Bank canvassed several dozen proposals and decided to start with three that could deliver tangible benefits. A key focus of the bank’s AI team is likewise data quality. million citizens in the Houston area.

Artificial Inteligence 334

Artificial Inteligence Banking Technical Review How To 334

TechCrunch

OCTOBER 8, 2021

a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. From a product architecture standpoint, Productfy has been built “from the ground up,” he said, to operate with multiple banking partners. Productfy Inc. ,

Technical Review 292

Technical Review Development Team Review Banking Fintech 292

CIO

MARCH 11, 2024

These include: lack of knowledge about legacy components and the overall architecture; no regular process for assessing the impact of production load on all components of the system; missing component-level load testing; absence of production-like infrastructure to simulate the behavior of the whole system under the production load.

Software Review 246

Software Review Technical Review Software Weak Development Team 246

Perficient

MARCH 30, 2023

Recently, I attended the 2023 Bank Automation Summit , where one of the significant topics of discussion was how banks navigate their transition to the cloud. Compliance Financial services institutions must be hypervigilant regarding where customer data is located, who has data access, and how data is managed in a cloud environment.

Banking 115

Banking Cloud Technical Review Microservices 115

CIO

FEBRUARY 23, 2024

This continued emergence of cloud environments has greatly affected application development and their associated security architectures. This typically adds to the overall costs of cyber compliance. The cloud is also increasing exponentially with many developments happening in the cloud.

Generative AI 295

Generative AI Technical Review Systems Review IoT 295

CIO

MAY 17, 2023

An older bank, grown through acquisition, with one custom-built system supporting its real estate business, while another supports its insurance business. For this bank, integrating the data to automate support for this cross-sell opportunity became reason enough to modernize both platforms.

Strategy 275

Strategy Real Estate Data Insurance 275

Tenable

MAY 6, 2021

Here's how financial institutions can secure the next generation of banking. Open banking is transforming the financial services landscape. However, the open architecture of open banking also poses new security challenges for bank security teams. Open banking: 5 ways to secure your network.

Banking 81

Banking Network Compliance Artificial Intelligence 81

CIO

DECEMBER 20, 2023

Compliance with best practices: AI can verify compliance with coding best practices and recommend optimizations to enhance performance. As human error is one of the most time-intensive parts of the development cycle, Generative AI allows fewer feedback loops.

Generative AI 321

Generative AI Software Review Technical Review Weak Development Team 321

CIO

SEPTEMBER 14, 2022

As a result, many organizations are grappling to manage and protect a complex web of IT architecture that spans on-premises, hybrid and multi-clouds, and edge environments. This framework also delivers business value, including cost reductions, improved user experiences that lead to greater productivity, and continuous compliance.

Compliance 246

Compliance Policies Exercises Budget 246

Lacework

JANUARY 17, 2024

His tenure includes roles at the Department of Defense, JPMorgan Chase, and Bank of America. He excels in security, risk, compliance, and privacy, having established cybersecurity practices in four companies. Known for her clear communication and problem-solving acumen, she excels in cloud and security architecture.

Security 131

Security Technical Review Meeting Technical Advisors 131

Cloudera

DECEMBER 28, 2017

Regulatory compliance, like death and taxes, is something that is mandatory and the cost of doing business in the financial services industry. How banks deal with regulatory compliance is actually changing for the better. Watch the webinar to hear Nordea’s story and see them demo Trifacta and Arcadia Data software on Cloudera.

Compliance 40

Compliance Banking Big Data Software Review 40

CIO

FEBRUARY 20, 2024

When performing whatever minimal due diligence the cloud platform permits — SOC reports, GDPR compliance, PCI ROC, etc. When emergency strikes, however, all bets are off, says Charles Blauner, operating partner and CISO in residence at cybersecurity investment firm Team8, and former CISO for Citigroup, Deutsche Bank, and JP Morgan Chase.

Enterprise 327

Enterprise Strategy Cloud Technical Review 327

TechCrunch

JUNE 22, 2022

Since that last fundraise, Vicuna said, Prime Trust has expanded its team in numerous areas, including R&D, product and engineering, sales and compliance, bringing its total headcount to 400 today. You need to do AML, KYC BSA compliance, and you need to be able to provide rails in and out of your platform.

Fintech 224

Fintech Infrastructure Blockchain Compliance 224

CIO

DECEMBER 19, 2023

Also, the report stated that a comprehensive solution, robust data security and compliance systems, outstanding customer support, and continuous innovation are key success factors for hybrid cloud providers. Serving as on-premises cloud infrastructure, Huawei Cloud Stack improves security and compliance.

Cloud 246

Cloud Marketing Disaster Recovery Telecommunications 246

TechCrunch

OCTOBER 27, 2022

As a result, rather than being a business driver or competitive advantage, data is more often a drain on IT budgets and a nightmare for compliance teams,” DeMers said. . “Data management remains an expensive chore, and a proliferation of apps producing an ever-increasing volume of data only adds to the challenge.

Data 202

Data Compliance Survey Banking 202

CIO

JULY 10, 2023

The key is a cloud-native, API-based architecture that allows you to design and build AI-based applications and prove them out in a low-risk way. A bank enhances CX, improves data protection, and reduces costs with AI-powered digital ID verification. most months.

Examples 188

Examples Organization Artificial Intelligence Artificial Inteligence 188

TechCrunch

JANUARY 27, 2022

In an effort to make it simpler, faster and cheaper, a pair of former Blend employees have teamed up to build mortgage loan origination software that will connect banks, credit unions, mortgage bankers and brokers. Once focused on mortgage banking, Blend is now going after the broader fintech market.

Infrastructure 243

Infrastructure Technical Review Banking Systems Review 243

Mobilunity

APRIL 18, 2024

The role of skilled fintech developers React experts has become increasingly important as traditional banking methods evolve. Its component-based architecture allows for the creation of modular, scalable solutions, ideal for complex financial platforms. By 2028, this share is anticipated to exceed $400 billion.

Fintech 52

Fintech Technical Review Artificial Inteligence Development 52

DataRobot

MAY 26, 2022

To directly quote SR 11-7: Where appropriate to the model, banks should employ sensitivity analysis in model development and validation to check the impact of small changes in input and parameter values on model outputs to make sure they fall within an expected range. The Framework for ML Governance. Download now.

Compliance 52

Compliance Metrics Machine Learning Artificial Inteligence 52

DataRobot

JUNE 27, 2022

If, however, new policies by a central bank shifts the interest rates, we would correspondingly see a change in the distribution of values. In addition, they may have also tried out combinations of different input features and model architectures that they believed had more predictive power. BARC INDUSTRY ANALYST REPORT. Download now.

Compliance 59

Compliance Metrics Training Systems Review 59

CIO

MARCH 8, 2023

The shift toward hybrid IT has clear upsides, enabling organizations to choose the right solution for each task and workload, depending on criteria such as performance, security, compliance, and cost, among other factors.

Cloud 257

Cloud Technical Review Quality Assurance Data Center 257

Cloudera

APRIL 19, 2023

Considering today’s mobile-first-, mobile-almost-everything world, there has been a surge in the use of mobile banking applications, only accelerated by the COVID-19 pandemic. Commercial banks can also sell data on business transactions and credit history to credit rating agencies and other financial institutions.

Data 69

Data Banking Culture Retail 69

Altexsoft

NOVEMBER 20, 2018

Bank secrecy, security terms, the lack of trust in technology, and strict regulations slow down industry development from the tech perspective. The open banking concept zeroes in on disrupting the current status of banking and improving nearly all aspects related to ownership, sharing, and utilization of customer data.

Banking 82

Banking Company How To Fintech 82

CIO

AUGUST 5, 2022

The shift toward hybrid IT has clear upsides, enabling organizations to choose the right solution for each task and workload, depending on criteria such as performance, security, compliance, and cost, among other factors. The HPE GreenLake Advantage.

Technical Review 246

Technical Review Quality Assurance Data Center Systems Review 246

OTS Solutions

DECEMBER 4, 2023

Private cloud architecture is an increasingly popular approach to cloud computing that offers organizations greater control, security, and customization over their cloud infrastructure. What is Private Cloud Architecture? Why is Private Cloud Architecture important for Businesses?

Architecture 130

Architecture Cloud Disaster Recovery Scalability 130

CIO

JUNE 16, 2023

A third area of focus is fighting fraud and ensuring regulatory compliance. MoneyGram’s IT makeover When CTO Joe Vaughan joined the company two years ago, MoneyGram moved roughly 8% of its workloads to the cloud. For example, MoneyGram is using analytics to ensure that businesses using its service are licensed.

Retail 246

Retail Microservices Analytics Fintech 246

Capgemini

MARCH 6, 2023

THE NEED FOR WEALTH-AS-A-SERVICE Shreya Jain 06 March 2023 Facebook Twitter Linkedin Recent times have witnessed the popularity of white-label banking, or as it is widely known – Banking-as-a-Service (BaaS). The banking business today expects agility with quick, tangible results. billion by 2030. billion by 2030.

Banking 52

Banking Energy Microservices .Net 52

Ivanti

NOVEMBER 9, 2023

By collecting and displaying data from multiple sources on a single dashboard, it helps IT teams reduce the time needed to identify problems, maintain compliance with industry regulations andgain visibility into their environment. If you’re using multiple monitoring tools, this can potentially allow for compliance gaps.

Compliance 105

Compliance IoT Technical Review Systems Review 105

Openxcell

DECEMBER 7, 2023

However, digital finance and digital currencies defied all these notions and came out to be a big technological revolution that is rechristening the entire banking scenario, one innovation at a time. Cryptocurrency, smart contracts, Cefi, Defi, and Dapps are a few examples of innovations in the banking sector.

Blockchain 52

Blockchain Banking Applications Internet 52

Cloudera

JANUARY 5, 2023

For example, Singapore’s United Overseas Bank (UOB) used machine learning to operationalize analytics and provide insights to users across the bank. The results are higher revenues, lower risks, and increased productivity for the bank. Find out more about CDP for modern data architectures here.

Artificial Inteligence 52

Artificial Inteligence Trends Data Machine Learning 52

Perficient

AUGUST 22, 2023

Identify all the business impact Identify concrete ROI – Cost savings, incremental revenue, reduced legal and compliance risks. The Emerging Technology Stack Success in Generative AI demands a scalable architecture beyond just Large Language Models.

Generative AI 52

Generative AI Artificial Inteligence Artificial Intelligence Retail 52

Cloudera

MARCH 13, 2019

Data Heroes design modern data architectures that work across hybrid and multi-cloud, and solve complex data management and analytic use cases that span from the Edge to AI. . Data Visionary Nominees: First National Bank – Uses HDP and HDF to drive innovation and a digital strategy, enabling better customer centricity and services.

Artificial Inteligence 68

Artificial Inteligence Data Disaster Recovery Artificial Intelligence 68

Prisma Clud

DECEMBER 2, 2022

Using internal controls as a compliance standard baseline, Global Atlantic Financial Group has been able to deploy multiple remediation strategies, app team reporting and preventative controls within the Prisma Cloud Platform. Are you wondering how you can navigate complex compliance requirements while running container workloads?

Cloud 98

Cloud Network AWS Compliance 98

O'Reilly Media - Ideas

APRIL 30, 2019

This shift is an important part of a trend we call the Next Architecture , with organizations embracing the combination of cloud, containers, orchestration, and microservices to meet customer expectations for availability, features, and performance. 40% of respondents use a hybrid cloud architecture.

Infrastructure 104

Infrastructure Cloud Company Survey 104

Modus Create

SEPTEMBER 11, 2023

Centralizing user management helps enterprises from a security/compliance perspective, as it prevents users from creating public repositories or using their own GitHub accounts. Enterprises that run open-source projects often have a separate GHEC account (and budget) to support them. Enabling it directly in GitHub is incredibly easy.

Enterprise 110

Enterprise Cloud Open Source Azure 110