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

CIO

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.

Banking 811
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Venture Capital in the Age of AI: Transforming Due Diligence

Alpha Sense BI

Factors affecting funding activity include nearly a dozen interest rate hikes by the Federal Reserve Bank since early 2022, record inflation as the highest in four decades, fading valuations, and looming fears of a recession. In addition to caution, investors must be more diligent than ever in researching and qualifying prospective start-ups.

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AlphaSense for Investment Banking

Alpha Sense BI

Over the last decade, the investment banking sector has been completely transformed by a myriad of factors —the mounting prevalence of digital transformation, shifting economic paradigms, and opportunities in trending areas such as sustainable finance, blockchain , RegTech, etc.

Banking 111
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4 perils of being an IT pioneer

CIO

Here are four major setbacks that business and IT leaders could encounter if they rush to adopt a new technology without due diligence. Lack of support Finding resources who are skilled with a new technology can be a challenge. A senior IT leader from a bank confronted this challenge while working with a fintech provider. “We

IT 602
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Are You Ready for Cloud Regulations?

CIO

The paper references the cloud concentration risk concerns raised by the Bank of England in previous research. And of course, when a firm relies on a third-party provider for services, software, or a hosted environment, a set of due diligence goes along with ensuring the resiliency of that solution.

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European Banking Authority Heightens Scrutiny Over AT1 Bonds

Alpha Sense BI

In recent times, the European Banking Authority (EBA) has heightened its regulatory scrutiny over capital buffer assessments for banks. AT1 bonds emerged following the Global Financial Crisis of 2008, designed to buffer a bank’s capital structure during periods of volatility. The collapse of three U.S.

Banking 52
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Generative AI in Investment Banking

Alpha Sense BI

While they are not newcomers to digital transformation, investment banks (IBs) are increasingly adopting generative artificial intelligence (genAI) across their organizations. In the last couple of decades, investment banks have adopted AI for customer-centric interfaces and to automate data functions. million per employee by 2026.

Banking 59