News: Data
efinancialcareers: Salaries for data science and machine learning in London finance, revealed
A new salary report by recruitment firm McGregor Boyall has broken down London salaries in financial services for a number of tech roles.
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CIO Dive: IT leaders turn to upskilling to close looming skills gap
IT leaders are turning to upskilling to close a looming skills gap.
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efinancialcareers: UBS’s complex IT integration is costing more than expected
It's costly for banks to transform their tech infrastructure, even more so when they're integrating a recently acquired rival at the same time
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February 5, 2025 / Artificial Intelligence, Data
Finextra: Algo trading firm XTX to build €1bn data centre hub in Finland
Algo trading form XTX Markets is investing €1 billion in a large-scale data centre complex in Finland to support its growing use of machine learning.
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February 3, 2025 / Artificial Intelligence, Data
Finextra: Nationwide consolidates data estate to pave the way for GenAI
Nationwide Building Society has deployed GPT-4 within Azure OpenAI to help generate letters, freeing up staff for more productive work.
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FI News: The Herculean Challenge For UBS
UBS has been focused recently on Asia where they have initiated the migration of Credit Suisse customer data onto UBS systems.
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January 10, 2025 / Artificial Intelligence, Data
CIO Dive: Data, compute spending to double by next year: survey
Enterprises plan to more than double investments in AI-related data storage and processing power by the end of 2026.
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December 10, 2024 / Cybersecurity, Data
LinkedIn: UK struggling to fight cyber threats
The UK is struggling to fight cyber threats.
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New Atlas: Facial recognition data breach: Meta glasses extract info in real time
In what might be described as a real-life Black Mirror episode, a Harvard student uses facial recognition with Meta Ray-Ban 2 smart sunglasses - to dig up personal data on every face he sees in real time.
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October 2, 2024 / Artificial Intelligence, Data
Finextra: Blackstone to build £10bn AI data centre in UK
Private equity giant Blackstone has confirmed a £10 billion investment in an AI data centre in the North East of England, creating around 4000 jobs.
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