ReadMoreon www.polestarllp.com Newsletters/Insightstale May/2023 Business How Banks areleveraging CloudComputing?
HSBC:
ENHANCINGDATAFLEXIBILITY
ANDAMLRISKCONTROL THROUGHCLOUDCOMPUTING
Bank uses Machine Learning to evaluate the banking behavior of more than 38 million customers for AML purposes and identify customers who need closer scrutiny
Future: To boost the effectiveness and efficiency of AML initiatives across the sector, HSBC now shares AML concerns with other banks.
BUSINESS MAY/2023
UPDATE
ATOMBANKADOPTEDCLOUD COMPUTINGTONURTURE CUSTOMEREXPERIENCE
ATOMBANKADOPTED APLUG-AND-PLAY APPROACHTOITS TECHNOLOGY LANDSCAPE
Front-end apps drive customer experience and brand. Atom Bank develops its apps in house
Middleware is a bank’s glue. It defines how well a bank can plug-and-play third-party solutions. Datafuels analytics and modeling to drive decision making and scenario planning.
DevOps practices enable releases of new app versions almost every week.
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