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A community for discussing the latest happenings in banking IT. Credit Crunch impacting Risk Systems overall, revamp of mortgage backed securities, payment transformations, include business, technology, data and systems architecture capturing IT trends, 'what to dos?' concerning design of systems.
In one of my previous articles, the Hollywood Principle, I introduced the concept of an event-driven architecture. This is a popular distributed asynchronous architecture pattern used to produce hig
DevOps as an approach to software development has become widely established over the last nine years. Bringing the development and IT operations functions together has brought many benefits in the for...
Banks today are no strangers to wake-up calls. They come thick and fast in trade journals. They frame the digital transformation discussion. They resonate with traditional banks, especially when they...
Both in life and in banking technology, few have the luxury to start over with a clean slate. Banks usually have to build upon the investments (and mistakes) of prior years. Banks built their entire b...
This widely known fabled story can serve as an excellent primer for examining the pros and cons of seemingly opposing forces in a familiar format utilizing a compare and contrast context. There certai...
New Payment System Operator never fails to disappoint in terms of its governance and processes. Three Victor Meldrew moments in one week – that is a new record. Firstly we have an announcement that Lo...
I was invited to a meeting recently, to explain APIs and why they are important for our digital blueprint. I had no idea who the audience was nor their level of understanding of the basics of APIs. S
Inversion of Control: Don't call us, we'll call you. Remember when you were a child, going on a long trip with your parents. Remember the frustration; “Are we there yet?”, “Are we there yet?” Now, as
We are currently doing some domain driven design to understand our primary business domains and identify the appropriate core APIs required. This is an exciting yet daunting time - some domains look
A Mckinsey study states that ‘manufacturing’, the primary industry for a bank’s financing and lending business now generates about 53% of industry revenues and 35% of profits with an ROE of 4.4%. On t...
People’s interactions with their banks have undergone an extraordinary transformation. From the emergence of app-only challengers such as Monzo to the evolution of physical branches, technology has dr...
Through the ages, the story of David and Goliath has been told countless times. The archetypal tale of an underdog’s triumph, it is the perfect example of how preparation and agility can overcome shee...