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How to make the most of global talent opportunities

CIO

This article was co-written by Chris Davis, Partner, Metis Strategy , and Kelley Dougherty, Associate, Metis Strategy To succeed as a large, global company, there is no choice but to harness the power of technology talent around the world. Fast forward to today.

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5 ways GenAI is transforming financial planning for banks

CIO

McKinsey estimates that AI—and generative AI in particular— could contribute up to $340 billion annually to the global banking sector, accounting for approximately 4.7% This optimization of capital deployment and operational expenses is achieved through AI-driven analysis, which maximizes returns and minimizes risks.

Banking 417
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Kyndryl reportedly in talks to buy DXC Technology

CIO

It said that Kyndryl is discussing the bid with private equity fund Apollo Global, and that they could offer between $22 and $25 per share to buy DXC, prompting the DXC share price to rise from around $16 when the markets opened Monday morning to nearer $19 at close on Wednesday. That is from a 5-year high of $56.64

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NetSuite adds generative AI to its entire ERP suite

CIO

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales.

IT 493
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Australia pushes for AI rules, focusing on oversight and accountability

CIO

Businesses also called for clearer guidelines to confidently capitalize on the opportunities AI offers. Acting on AI concerns Global regulators have voiced concerns over the spread of misinformation and fake news driven by the rise of generative AI tools like Microsoft-backed OpenAI’s ChatGPT and Google’s Gemini.

Finance 467
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The new CFO: How AI has changed the game for chief financial officers

CIO

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. While these roles will not change, the foundational work of the finance organization, the structure, the import, and the focus of these dimensions will change. It’s a huge shift from the norm.

Gaming 396
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Why PCI compliance matters more than ever in the financial sector

CIO

Businesses in the finance sector generate and manage an enormous amount of data. Cybercriminals recognize the value of consumer data and aim to take advantage of finance firms who are vulnerable. A major reason why is that the finance industry depends heavily on third-party IT providers.

Finance 421