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Salesforce modernizes wealth management offering

Salesforce Wear

Salesforce has launched Financial Services Cloud, a new product suite that includes portfolio management, prospecting and data management tools.

Bitreserve re-launches as cloud based financial service hub Uphold

Money cloud

Cloud based financial exchange Uphold, formerly Bitreserve, has redesigned its functions, products and services for a relaunch.

Deloitte and Cloudera create compliance service in the cloud

Cloud

Professional service company Deloitte and cloud operator Cloudera have launched a jointly created cloud service that helps financial services people meet their compliance obligations more easily.

Salesforce doubles down on financial services

Salesforce is doubling down on financial services firms

Salesforce is previewing a cloud platform tailored specifically to the needs of financial services professionals. The move comes the same week research reveals the average financial services firm uses over 1,000 cloud-based applications.

Infosys takes financial suite of Verizon Cloud

Infosys is deploying its core and digital banking suite on Verizon's cloud

Infosys and Verizon announced a deal this week that will see the Indian outsourcing specialist offer its financial suite of software services on Verizon’s cloud platform in the US. The move is part of a broader effort to update its strategy for the times and go all in on cloud.

Cloud banking: lit from within

Financial services companies are warming to cloud services

In a world where, as John Schlesinger, chief enterprise architect at Temenos, argues, servers are about to stop getting cheaper, the advantages of cloud computing in terms of cost and customer experience look more compelling than ever. In the banking market, however, the spread of cloud systems has been slower than elsewhere due to factors including concern about data security, uncertainty about the position regulators will take on cloud technologies and the challenge of managing migration from the in-house, legacy IT systems that currently run banks’ critical functions.

TD Bank uses cloud as catalyst for cultural change in IT

Peacock said TD Bank is using the cloud as a way to help catalyse cultural change at the firm

North American retail banking outfit TD Bank is using OpenStack among a range of other open source cloud technologies to help catalyse cultural change as it looks to reduce costs and technology redundancy, explained TD Bank group vice president of engineering Graeme Peacock.

Box touts new customers as the battle to differentiate continues

Box co-founder and chief executive Aaron Levie briefing journalists and analysts in London this week

Cloud storage incumbent Box announced a slew of new customers this week as the company, which was recently taken public, continues to nudge its balance sheet into the black. Despite strong competition in the segment and the added pressure that comes with being a public company Box continues to differentiate from both traditional and non-traditional competition, said co-founder and chief executive officer Aaron Levie.

Cloud democratises retail investor services

Cloud has the potential to democratize investment services

Cloud services are opening up possibilities for the retail investor to create individual customised funds in a way that was previously the preserve of the super-wealthy. Coupled with UK regulation such as the Retail Distribution Review, the effect has been to make new business models possible, according to Michael Newell, chief executive at InvestYourWay.

NCR offers cloud control for Android-based ATMs

NCR says Kalpana can nearly halve the time it takes to deploy new services

NCR has announced a radical new approach to ATM network deployment, with a cloud-based enterprise application allowing banks to control and manage thin-client devices running a locked-down version of the Android operating system.

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