IT

World Quality Report shows IT spending on QA falling, TCoEs in decline

World Quality Report shows IT spending on QA falling, TCoEs in decline

After years of steady growth, the proportion of IT budgets spent on quality assurance has fallen from 31% to 26% over the past year, according to the annual survey of QA trends produced by consultancy Capgemini. Spending on IT hardware has meanwhile risen. The other key finding of the survey, which compiled responses from 1,660 »

Deutsche Bank Bows to Inevitable as IPhone Supplants BlackBerry

A Deutsche Bank spokesman confirmed that the lender is phasing out the devices, without commenting further. The company’s employees were increasingly giving up their BlackBerry phones in favor of ones they’d bought themselves under a Bring-Your-Own-Device policy, according to two people briefed on the matter. Some clients had made fun of the bank for still »

London Maintains Lead in Private Data Plumbing Ahead of Brexit

The U.K. capital currently has an installed bandwidth of 159 terabytes per second, a figure that exceeds any other European city and is greater than the capacities in either New York or Silicon Valley, according to a new report from Equinix Inc., a U.S. company specializing in data centers that host many of these private »

Hackers breach 400,000 UniCredit bank accounts for data

The attack occurred in September and October of 2016 and June and July of this year, according to an emailed statement from the bank on Wednesday. UniCredit only discovered the breaches this week, two people familiar with the matter said, asking not to be identified discussing a possible criminal matter. Cyberattacks on corporations and banks »

Vendor risk management provider of the year — CAST

New York-based, but founded by Frenchman Vincent Delaroche and quoted on the Euronext Exchange in Paris, CAST has established itself as the leader in the field of benchmarking the quality of software code. Around 10% of financial firms are using some sort of standard for benchmarking the quality of their code, reckons Lev Lesokhin, marketing »

Banks Turn to Mind Reading to Source Top Tech Graduates

At career fairs and on university campuses as part of its graduate hiring scheme, Royal Bank of Scotland Group Plc has been attaching sensors to the heads of potential candidates, to measure brain activity and attention spans. Students are played a series of images and videos for a few minutes while being monitored. Depending on how »

India’s IT Services Industry Trims Annual Sales Growth Forecast

Sales will rise 8 percent to 10 percent in constant currency terms in fiscal 2017, according to New Delhi-based Nasscom. That compares with a February projection of as much as 12 percent and last year’s 12.3 percent growth. India’s $150 billion IT industry has been buffeted by a series of storms including a halting of »

How OakNorth Bank became the first bank in the UK to move to the cloud and why they did it

Much of the banking headlines over the last few years have been dominated by news of customers being unable to access their accounts online, make transfers or withdraw cash, and one of the sources of these issues has been the legacy IT the banks are burdened with. In addition to wanting to avoid these time-consuming »

Fidessa heralds “new phase of recovery” in markets

Fidessa, the London-listed trading and data systems vendor, says that regulatory changes such as the 2018 implementation of MiFID II in Europe and the planned Consolidated Audit Trail in the US will help offset the “increased headwind” of consolidation and closures among the company’s customer base this year. Announcing 2016 preliminary results and a 9% »

CISQ creates definitions for IT quality

The Consortium for IT Software Quality (CISQ) has announced new standards for measuring structural quality of software. The US industry body said these are quantitative criteria that can be used to evaluate the performance of an IT system according to four different measures: reliability, security, performance efficiency, and maintainability. The standards were created by compiling a »