Fintech on the radar of bank CIOs

It is common knowledge that banks have two types of technology: Cold War-era IBM mainframes running Cobol-based batch programs, and Evil Genius high-frequency trading systems that pocket the margins of ignorant “muppets”.

While there is an element of truth in these two popular stereotypes, the mundane truth is that every financial services company has a range of hardware and software systems of different ages and will spend a lot of time and money trying to …

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