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Rising cloud costs leave CIOs seeking ways to cope

CIO Business Intelligence

“As companies embrace multicloud strategies to avoid vendor lock-in and ensure business continuity, they often face challenges in managing and optimizing costs across different platforms,” he adds. Sunrise Banks, which operates community banks and a fintech service, has also seen cloud costs increase recently, says CIO Jon Sandoval.

Cloud 344
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How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

According to Loura, one key area is ensuring multi-factor and multi-person validation of material changes to certain sensitive records, like bank accounts or addresses. The insight garnered from these practices can inform budgeting prioritizations and influence planning around business partnerships and product trajectories.

Strategy 264
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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

While it’s an EU policy with ramifications for EU businesses, the impact will undoubtedly affect businesses worldwide. DORA puts a heavy focus on financial organizations in the EU – from banks to insurance companies – but those are not the only businesses that will need to adhere to the policy.

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Generative AI strategy dilemma: Buy, build, or partner?

CIO Business Intelligence

Can you deliver your applications on time and on budget? The answers will vary per business, of course. Your C-suite peers may be banking on it, as executives surveyed by KPMG cited revenue growth as their top driver for GenAI investment. What model(s) do you choose? What infrastructure do you run it on and where?

Strategy 352
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Enterprise Storage Solution Provider of Choice: The Case Studies

CIO Business Intelligence

Likewise, another company that values the competitive edge that Infinidat’s storage solutions delivers is Salem Five Bank, a full-service financial services corporation. This bank needed to upgrade its enterprise storage infrastructure as part of a major upgrade of online banking applications with a third-party provider.

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How strategic partnerships are the key to AI-driven innovation

CIO Business Intelligence

In banking and financial services applications, for example, GenAI solutions are being developed to analyze customer data, market data, economic trends, and more to help support highly personalized insights and guidance. This is a challenge for many CIOs.

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The 10 most in-demand IT jobs in finance

CIO Business Intelligence

The push is part of an industrywide trend toward making banking more accessible by giving customers better access to savings accounts, investments, and loans through digital services, according to careers website Dice.com. Data scientist.

Devops 246