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Financial services firms still cagey about cloud computing


Cloud computing is becoming more prevalent throughout the financial sector but many firms say they are less than halfway to having a firm cloud strategy in place, with controls and security remaining primary concerns.

Macquarie revamps reconciliation with Gresham Computing and Amazon Web Services

Blythe: reconciliation is better in the cloud

Australian broker Macquarie Futures has begun using a cloud-based reconciliation service from Gresham Computing and Amazon Web Services, which it says will help it to make its North American derivatives business more efficient.

IBM touts “10x times faster software driven innovation” through DevOps in the cloud

Kloeckner: “business as a service”

Combining development and operational deployment of software into a more integrated cycle can greatly improve time to market and improve efficiencies, delegates at the annual SifmaTech trading systems conference and exhibition in New York were told.

Bank of England CIO: ‘think twice about cost, security, data sovereignty in the cloud’

John Finch, CIO of the Bank of England was speaking at the Cloud World Forum in London on Wednesday

Firms looking to adopt cloud-based services should consider the security and data privacy implications associated with moving critical systems into the cloud, and not let vendors drive their technology strategies, according to Bank of England CIO John Finch.