Banking & Capital Markets

News, trends and technology insights for the industry

GameStop, Scottrade suffer data breaches

A duo of recent data breaches — one hitting a stock trading brokerage and another a videogame retailer — shows that more gains are needed to protect customer data, even with all of the progress made over the last 10 years. According to a story by colleague Steve Ragan, Scottrade Bank (a subsidiary of Scottrade Financial Services Inc.) […]

Why I’m a tech optimist

I was in graduate school in the early 1990’s when I became interested in the emerging field of Human-Computer Interaction (HCI).  A core objective of HCI was to design novel technologies for humans to interact with computers. To offer a flavor of the time for the uninitiated (or the young), we still revered the Internet […]

Exploring blockchain in banking

blockchain in banking DXC blogs

Blockchain or, more precisely, Distributed Ledger Technology (DLT) is currently one of the hot topics in the banking industry. Its main focus is on clearing and settlement, where DLT can reduce reconcile efforts, address liquidity needs and accelerate processing. Several reports and studies suggest benefits and substantial savings – in particular, when DLT is applied […]

3 steps to achieve a truly variable cost structure in banking

In the current economic climate, banks have to cut spending and find efficiencies wherever possible. However, many investment banks have substantial – and increasing — cost allocations that make it nearly impossible to lower costs and provide a constant challenge. Organizations are now discovering that cost transparency and a solid understanding of their allocation are […]

How an as-a-service model enables banks to prioritize agility and efficiency

In the past, capital markets firms prioritized speed over everything else. They aimed to get as close to zero-latency trading as possible, even though the efforts often became costly and inefficient. This need for speed has only continued to grow but, elsewhere, increased pressure on margins has continued to mount. This means that, in the current […]

Are best-of-breed systems actually best for banks?

blockchain in banking DXC blogs

In the current marketplace, every bank wants to be a best-of-breed financial institution. Having the right technology and infrastructure in place can enable banks to innovate, to differentiate and to maintain a competitive edge. However, chasing best-of-breed technologies is not always the best way to become a best-of-breed bank. Instead, banks should opt for solutions […]

Bitcoins and blockchains

Before we really get started, I want to point out that there is a common misunderstanding that bitcoins and blockchains are terms for the same things – they are not. More of that to come. Blockchain has some rather superfluous statements surrounding it; such as ‘The Great economic leveler’, or Silicon Valley investor Marc Andreessen refers […]

4 keys to success in the banking digital transformation

Digital transformation is no longer a choice, but a banking business imperative. Most banks have known for quite some time that they need to digitize to remain competitive. And most have begun their digital transformations. However, each organization has taken a different path to becoming a truly digital organization, and some are much farther along than […]

Finding success as a woman in FinTech

In this post, we introduce readers to Paula Wilson, marketing director at Xchanging, a DXC company. Wilson was recently named to the 2016 Women in FinTech Powerlist, a prestigious list published by Innovate Finance that celebrates the contributions of women in the development of the global FinTech sector. She is responsible for marketing Xchanging’s software business and business […]

4 paths to better banking systems

winding road to data science DXC Blogs

In 2016, we talked a lot about the future of banking and how the industry can prepare for the changes ahead. But the truth is, the future of banking is here. The industry has been thoroughly disrupted, and organizations that are not on top of their game are now playing catch up. A colleague of […]