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Banking and financial software development: Features and requirements

Dataconomy

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions.

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BNY Mellon banks on AI to improve master data

CIO Business Intelligence

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines.

Banking 118
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Top 10 IoT software development companies in the USA (2023)

Dataconomy

This article will feature the best IoT app development companies in the US that can help you streamline your business process by tapping into the world of connected devices. IBM IBM is another of the top IoT software development companies in the US that has been in the game for a long time.

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Will enterprises soon keep their best gen AI use cases under wraps?

CIO Business Intelligence

They had ChatGPT write the script, and other gen AI tools to create a digital person who reads the script, a scalable process with at least one measurable benefit: speed. The new ads were created very quickly,” says Banks. And software code is a language.” The second is the tools go beyond coding assistance.

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How CIOs reinterpret their role through AI

CIO Business Intelligence

As businesses digitally transform, technology is increasingly integrated into every activity, and the CIO is becoming more of a catalyst for data-driven value creation through analytics, new AI model training, software development, automation, vendor engagement, and more. The first step in this transformation was organizational.

Banking 83
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO Business Intelligence

To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank. Webster Bank is following a similar strategy. At Eaton, for example, an AI-based sales forecasting tool has the potential to boost productivity dramatically.

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Modernizing the mainframe for the digital era

CIO Business Intelligence

I’m a banking technologist,” says the CIO for retail, business, and digital banking at M&T Bank. He’s doing just that on the bank’s IBM Z system mainframes, for which the bank has written some 10 million lines of code over the years. The bank’s use of its mainframes is two-pronged. M&T Bank.

IBM 144