As new technologies such as AI and DLT transform the capital markets landscape, the World Federation of Exchanges (WFE) has called on regulators to hold new fintech entrants to the same standards as established players.
Credit Suisse says that a new big data platform and the intelligent deployment of software robots is reversing years of rising compliance costs.
Bank's IT departments are unable to pursue innovation with the latest digital technologies because they have lost influence in the boardroom with senior managers that do not properly understand new technology.
As it kicks off a three-year programme designed to simplify the bank and reshape its workforce for the digital age, Australia's NAB is promising to immediately hire 600 technology specialists in the areas of software engineering, data, architecture and security.
The billion dollar question at today's Sibos Future of Money session: Who is going to be able to successfully extract the gold from the data mine and become the Amazon of the financial services world?
A year on from its launch, Thomson Reuters is doubling down on its Toronto technology centre, committing another US$100 million to the project, which will eventually be home to 1500 staffers working on areas such as cloud computing, big data and AI.
UK insurer Aviva has acquired a majority stake in a startup robo-adviser for an undisclosed sum.