CIO Business Intelligence

MARCH 20, 2025

The United States has been trying to counteract the popularization of technological solutions from China for years, often taking steps that are contrary to the development of an open market. China is pushing the boundaries of its own AI development every few weeks, and its results are already a serious threat to Western technology.

Open Source 248

Open Source Banking Artificial Intelligence Hardware 248

CIO Business Intelligence

APRIL 28, 2023

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines.

Banking 354

Banking Data Financial Software Development 354

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. 5G aids customer service. 5G aids customer service.

Banking 363

Banking Artificial Intelligence Financial Architecture 363

Network World

JUNE 13, 2024

The stages of a cyberattack are analogous to that of a bank robbery. When discussing the progression of a cyberattack with CXOs, I often describe it like this: • Stage 1: When bank robbers are planning a heist, the first thing they do is identify potential banks to target.

Banking 393

Banking Insurance Malware Trends 393

CIO Business Intelligence

FEBRUARY 27, 2025

Named one of the 25 Most Powerful Women in Banking in 2024, she has made her mark in the industry and the community, serving on boards such as Playhouse Square and DuPont, and championing causes that uplift women in technology. Dan Roberts: Your first answer-the-call moment was banking on a career in banking, out of college.

Banking 262

Banking Industry Financial Video 262

CIO Business Intelligence

OCTOBER 20, 2024

The finalists are: DHL Sentosa Development Corporation Synapxe YF Life Innovation This award recognises technology teams introducing innovative new solutions to enhance business value and meet strategic objectives. It can also include new digital products and services.

Banking 281

Banking Insurance Meeting Energy 281

CIO Business Intelligence

DECEMBER 3, 2024

A high-street bank in the UK shows just how necessary it is to tackle the challenges that modernisation poses systematically. The thing that makes modernising applications so difficult is the complexity of the heterogeneous systems that companies have developed over the years. Take IBM Watson Code Assistant for Z, for example.

Industry 305

Industry IBM Applications Banking 305

CIO Business Intelligence

MARCH 11, 2025

Together these trends should inspire CIOs and their application developers to look at application usability though a different lens. The first definition is what CIOs and application developers historically have attuned to. The first definition is what CIOs and application developers historically have attuned to.

Applications 282

Applications Development Training Banking 282

CIO Business Intelligence

DECEMBER 18, 2024

Among them: Banking: Organizations are delivering personalized solutions with recommendations and enhancing customer service operations with avatar-assisted services and Natural Language Processing (NPL) chatbots that fulfill service requests promptly.

Financial 263

Financial Microsoft Banking Devops 263

CIO Business Intelligence

NOVEMBER 20, 2024

Ros Yusoff CIMB Saiful Bakhtiar Osman PNB Commercial Sandeep Pandey FWD Insurance Shariq Khan ERGO Insurance Singapore Sigit Triwibowo IKEA Songphot Vijayaporn CIMB Thai Steve Lee SP Group Dr Steven Gan Sau Phin Boost Bank Stuart Gurr Deutsche Bank Suresh Komirishetty Mercedes-Benz (Thailand) Susana Ong HC Consumer Finance Philippines, Inc.

Insurance 264

Insurance Banking Groups Education 264

CIO Business Intelligence

OCTOBER 23, 2024

The panelists highlighted that mentorship from both men and women can serve as a vital mechanism for attracting more women to the sector, offering guidance, career development, and growth opportunities. Several targeted initiatives were highlighted, such as leadership development programs tailored for women and underrepresented groups.

Programming 289

Programming Education Groups Network 289

CIO Business Intelligence

OCTOBER 30, 2024

For example, Cloudera customer OCBC Bank leveraged Cloudera machine learning and a powerful data lakehouse to develop personalized recommendations and insights that can be pushed to customers through the bank’s mobile app. And the results for those who embrace a modern data architecture speak for themselves.

Enterprise 349

Enterprise Enterprise Architecture Survey 349

Forrester IT

AUGUST 6, 2020

To develop their financial well-being program, financial services providers are evaluating and adopting a range of contributing technologies. Putting financial well-being at the core of their strategy is critical to financial services firms’ ability to win, serve, and retain customers.

Financial 482

Financial Programming Development Strategy 482

CIO Business Intelligence

MARCH 25, 2025

What CIOs can do: Avoid and reduce data debt by incorporating data governance and analytics responsibilities in agile data teams , implementing data observability , and developing data quality metrics. Lanzani shares an example of a banks customer-facing chatbot.

Architecture 350

Architecture Devops Open Source Database Administration 350

CIO Business Intelligence

SEPTEMBER 1, 2023

Bank over the years is that effectively deploying and making use of new tools requires a skilled and diverse workforce and a technology team with a strong engineering culture to support it. Banking on technology and people The largest technology investment for U.S. This helps them collaboratively create a personalized development plan.

Banking 276

Banking Programming Training Development 276

CIO Business Intelligence

DECEMBER 30, 2024

Vendors are adding gen AI across the board to enterprise software products, and AI developers havent been idle this year either. According to a Bank of America survey of global research analysts and strategists released in September, 2024 was the year of ROI determination, and 2025 will be the year of enterprise AI adoption.

CTO Hire 354

CTO Hire Software Development Software Software 354

CIO Business Intelligence

SEPTEMBER 10, 2024

The artificial intelligence revolution is well underway, but how ready are banks and lenders to leverage the full breadth of these capabilities? And while some banks and lenders have made these integrations to varying degrees of success, others are struggling to fully embrace this next technological chapter. The jury is out.

Banking 279

Banking Financial Artificial Intelligence Study 279

Network World

APRIL 8, 2025

[That] is the interesting story, and [how] thats going to unlock applications at some of the biggest banks, telcos, retailers, government departments, Dickens said. For the kind of customers that Z attracts the banks, governments, and manufacturers the AI will become important. Watson X is IBMs AI development studio and platform.

IBM 377

IBM Hardware Applications Artificial Intelligence 377

Network World

JANUARY 28, 2025

IBM is rolling out a portfolio of enterprise data sets aimed at jumpstarting AI development for its Z and LinuxONE mainframe customers. This frequently involves crossing bank and national boundaries, producing complex transaction patterns, the authors wrote.

IBM 221

IBM Training Banking Hardware 221

CIO Business Intelligence

FEBRUARY 5, 2024

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 299

Banking Oracle Financial Cloud 299

Information Week

MARCH 27, 2022

The European Payments Initiative (EPI) will now be refocused on developing its second component, a digital wallet and instant payment system.

Banking 381

Banking System Development 381

CIO Business Intelligence

JANUARY 5, 2025

Moreover, siloed initiatives can lead to duplicated efforts, with different departments independently developing overlapping AI capabilities, resulting in wasted time, inflated costs, and diminished efficiency. 4] On their own AI and GenAI can deliver value.

Enterprise 312

Enterprise Enterprise Insurance Data 312

CIO Business Intelligence

DECEMBER 9, 2024

A high-street bank in the UK shows just how necessary it is to tackle the challenges that modernisation poses systematically. The thing that makes modernising applications so difficult is the complexity of the heterogeneous systems that companies have developed over the years. Take IBM Watson Code Assistant for Z, for example.

Industry 245

Industry IBM Applications Banking 245

Network World

DECEMBER 16, 2024

billion in 2026 though the top use case for the next couple of years will remain research and development in quantum computing. This means that they have developed an application that shows an advantage over a classical approach though not necessarily one that is fully rolled out and commercially viable at scale.

IBM 397

IBM Microsoft Research System 397

CIO Business Intelligence

MARCH 19, 2025

In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. Software development and IT Cognition released Devin, billed as the worlds first AI software engineer, in March last year.

CTO Hire 359

CTO Hire Fractional CTO Software Development Survey 359

Network World

OCTOBER 2, 2024

Together with leading European companies, universities and authorities, the company plans to advance quantum computing and promote the development of talent in this area in Europe. The bank of tomorrow must think more customer-centrically, improve services and achieve more efficient operations. “We

IBM 504

IBM Data Center Banking Research 504

CIO Business Intelligence

JULY 18, 2024

Mainframe security is critical to IT infrastructure, especially in industries like banking, insurance, healthcare, and government, where mainframes often store vast amounts of sensitive data. As new regulations introduce new requirements, businesses are held to greater responsibility and onus to shore up their IT systems.

Applications 312

Applications Security Development Open Source 312

Network World

FEBRUARY 17, 2025

As a global professional services firm, Neudesic is now bringing decades of experience delivering capabilities spanning data and AI, cloud migration and modernisation, application development, and business strategy to Australia. Hanna shares Neudesics approach, which comprises four pillars.

Artificial Intelligence 341

Artificial Intelligence Microsoft Financial Energy 341

CIO Business Intelligence

FEBRUARY 11, 2025

The built-in elasticity in serverless computing architecture makes it particularly appealing for unpredictable workloads and amplifies developers productivity by letting developers focus on writing code and optimizing application design industry benchmarks , providing additional justification for this hypothesis. Time to market.

Architecture 259

Architecture Financial Enterprise Enterprise 259

CIO Business Intelligence

OCTOBER 20, 2023

For banks, data-driven decisions based on rich customer insight can drive personalized and engaging experiences and provide opportunities to find efficiencies and reduce costs. For Bud, the highly scalable, highly reliable DataStax Astra DB is the backbone, allowing them to process hundreds of thousands of banking transactions a second.

Financial 328

Financial Banking Google Artificial Intelligence 328

CIO Business Intelligence

JULY 30, 2024

business leaders found that 71% of respondents were committed to a net-zero target and a further 26% reported targets to be under development. For example, McDonald’s has gone beyond looking for gains through its core food business and is developing biodegradable synthetic fabrics to uniform more than 2 million team members worldwide.

Strategy 263

Strategy Development Research Programming 263

CIO Business Intelligence

MARCH 24, 2025

Its conceptually similar to how enterprises developed digital value chains that enabled data to infuse digital experiences, at pace and scale, in order to increase their value. You want your genAI app developers to be able to build access to the right data sources into tailored enterprise apps, which we represent with the diagram below.

Data 307

Data Enterprise Enterprise Tools 307

CIO Business Intelligence

DECEMBER 30, 2024

So members can quickly and securely transfer funds between bank accounts in real time. If you send money from your bank account to someone with an account at the same bank, the process is instantaneous because the bank knows the funds are legitimate. All members must do is connect to us.

Banking 162

Banking Data System Financial 162

Network World

APRIL 25, 2025

He added that, designed with compliance by design, it aligns with Indias Digital Personal Data Protection Act (DPDP) and sector-specific norms from bodies such as the Reserve Bank of India and Securities and Exchange Board of India. Indias data center players, too, are exploring similar cloud solutions.

Cloud 221

Cloud Data Data Center Banking 221

CIO Business Intelligence

OCTOBER 10, 2024

Shurkey joined me for a recent episode of the Tech Whisperers podcast to discuss his career journey and his approach to developing future-ready leaders. Dan Roberts: We both share a passion for developing ‘the human side of technology.’ What follows is that conversation, edited for length and clarity.

Data 321

Data Training Strategy Mobile 321

CIO Business Intelligence

APRIL 15, 2025

Cloud market observers point to large AI workloads driving up spending, but also to developers who arent clued-in to the cost of the cloud services they consume. Cloud cost Achilles heel: Developer education CIOs should also embrace DevOps practices tied to cost reduction when consuming cloud resources, Sellers says.

Cloud 222

Cloud Budget Survey Resources 222

CIO Business Intelligence

DECEMBER 10, 2024

to GPT-o1, the list keeps growing, along with a legion of new tools and platforms used for developing and customizing these models for specific use cases. We developed the model to address the challenges many of our insurance customers were having trying to leverage off-the-shelf LLMs for highly specialized use cases. From Llama3.1

Insurance 290

Insurance Engineering Enterprise Enterprise 290