citibank

Citibank moves key apps to the Cloud

Citibank moves key apps to the Cloud

Financial firms have been slow in embracing the Cloud, a technology that makes use of remote computing delivered either through the internet (public Cloud) or via private servers (private Cloud). They were wary of exposing customer’s sensitive financial information to third parties. But guidance issued by regulators such as the Monetary Authority of Singapore (MAS)… »

Fintech Firm Could Help Unravel Mysteries Behind Flash Crashes

Citigroup Inc. is investing in a technology that, if widely adopted, could help get to the bottom of sudden market spasms. The world’s largest currency trader is backing Cobalt DL, which aims to use a distributed ledger to create a single trade record that would replace existing fragmented systems. Best known for the blockchain that… »