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Bud Financial helps banks and their customers make more informed decisions using AI with DataStax and Google Cloud

CIO

By Jude Sheeran, EMEA managing director at DataStax When making financial decisions, businesses and consumers benefit from access to accurate, timely, and complete information. 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.

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How Do Banks and Other Financial Institutions Benefit from AI

Smart Data Collective

AI is revolutionizing the banking and financial sector. Read this article to get to know why banks need to introduce AI-based solutions in their workflows—the faster the better. Banking is one of those industries that can earn or save billions of dollars thanks to AI. Compliance and Fraud Detection. Investment Valuation.

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CrowdStrike incident has CIOs rethinking their cloud strategies

CIO

Our revised plan includes enhanced communication management, featuring multiple layers to ensure all employees are well-informed about potential issues and their resolution.” Enhanced risk management practices The incident has highlighted the need for improved risk management practices.

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3 Ways Generative AI is Transforming Investment Banking

Alpha Sense BI

Investment banking has always relied on data, analysis, and deep industry expertise. Here are three key ways genAI is transforming investment banking: Research and Market Intelligence Investment banking relies on vast amounts of real-time financial data. rise in deal value and a 9.8% steel and aluminum tariffs.

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Major de-booking proves that suppliers are in the driver’s seat: Analyst

CIO

In a statement to Network World on Monday in response to questions about the de-booking, HPE explained, we have a strong controls environment, and we continue to be vigilant on engaging with sound customers,managing risk,andensuring that we have a diversified order book.

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4 hidden risks of your enterprise cloud strategy

CIO

And those massive platforms sharply limit how far they will allow one enterprise’s IT due diligence to go. When performing whatever minimal due diligence the cloud platform permits — SOC reports, GDPR compliance, PCI ROC, etc. They want their own team to manage everything. Will [the cloud vendor] follow through?

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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. It announced it requested the appointment Monday, promising to give an update on the negotiations in due course.

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