Finextra: BofE plans cloud-based data platform and AI pilots
The Bank of England is building out a cloud-based data and analytics platform after an independent review found “nervousness” in adopting the technology.
Best Execution: T+1 could cost the industry $31 billion a year – with 31% of institutional trades set to fail
A lot of banks are just starting to realise the magnitude of this transition.
New Atlas: Software tweak doubles computer processing speed, halves energy use
Speed enhancement is not only about hardware capabilities.
BBC: Apple unplugs self-driving electric car project, reports say
The market for electric cars is still immature and the entry cost is very high.
The Verge: Wendy’s betrays spicy nugget lovers everywhere and will introduce surge pricing
This is an interesting move.
TechRepublic: Top IT Skills Trends in the UK for 2024
AI, Cyber, Cloud and Data people are the most in demand with AI leading the way.
The Banker: Winning hearts and minds with innovation
Open source gaining momentum (again) and the importance of case studies.
CIO: 6 best practices for better vendor management
Vendor management is an area that has lagged behind the times.
Financial Express: Lending in the digital age: AI in the loan approval landscape
AI has emerged as a catalyst, reshaping the traditional loan approval process.
Finextra: US falling behind peers on CBDC progress, warns think tank
This is not surprising given the current political environment in the US at the moment.