Why are banks suddenly so into open source software?

Source:-https://news.efinancialcareers.com Investment banks and hedge funds are normally very secretive organisations, carefully guarding the proprietary data that they view as key competitive advantages. Try and plug your USB stick into a work laptop, or email an attachment to your home email address, and it won’t be long before a team of compliance, tech and HR people are standing around your desk (or nowadays in a zoom call). You’re expected to keep secrets even after leaving. Non-disclosure agreements are par for

How FinTechs Tap Into Cloud Computing’s Advantages

Source: pymnts.com FinTech firms are tapping into cloud computing as they harness benefits such as scalability, reduced information technology (IT) costs, business continuity, and technology innovation as well as adoption. To be on the cutting edge, DadeSystems Chief Information Officer Mike Capote told PYMNTS in an interview, the flexibility and agility that comes with the cloud-type model versus a traditional one “is not only advantageous” but also “necessary in today’s market.” Companies that are not on the cloud are internally