Computer Weekly – 19 July 2016: Building big ideas in banking

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In this issue we visit JP Morgan’s European software development centre in Glasgow to see how the investment bank is working with local universities and collaborating in the open source community. Software chief, Stephen Flaherty, talks about how JP Morgan uses open source software and has now begun contributing to open source projects. The bank uses NoSQL and OpenStack technologies and is pushing the limits of Hadoop, to power risk applications, enabling it to achieve near real-time risk analysis of a trade.

Security industry largely welcomes NCA’s cyber crime recommendations: Most information security professionals support the National Crime Agency’s call for businesses to play their part in the pursuit of cyber criminals.

Banking on innovation: A look inside JP Morgan’s Glasgow developer centre: JP Morgan chief development officer Stephen Flaherty heads a team of developers in Glasgow, one of the bank’s strategic hubs. Computer Weekly finds out how it is pushing the technology boundaries for financial services.

Retail’s past is a poor guide to its future: John Lewis IT director Paul Coby says retailers need to respond to changing customer patterns and demands to survive the shift to multi-channel shopping.

Manage expenses to boost the bottom line: Expense management is one area of business where the application of IT can bring about double-digit cost reductions.

What EU data protection rules mean for business: The General Data Protection Regulation, which comes into force in May 2018, could have a big impact on any company in the world that deals with the personal data of EU citizens.

The rise of object storage in the cloud: Amazon S3 has emerged as a de facto standard for accessing data in the cloud. Computer Weekly runs the rule over its key attributes.

Vendor:
TechTarget ComputerWeekly.com
Posted:
Feb 8, 2021
Published:
Jul 19, 2016
Format:
PDF
Type:
Ezine
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