Collaboration Takes Aim at Developers’ Burdens Goldman Sachs and Amazon Web Services (AWS) will be launching a suite of cloud-based data and analytics solutions for financial institutions, dubbed the Goldman Sachs Financial Cloud for Data, officials announced at the AWS re:Invent conference this week in Las Vegas. The cloud-native Goldman Sachs Financial Cloud for Data… Read More >>
BIS Makes a Case Against Crypto Currencies
The rush to embrace crypto currencies and distributed ledger technology (DLT) is problematic and “is no substitute for tried and trusted central banks,” say key officials of the Bank for International Settlements (BIS) in the group’s Annual Economic Report 2018. In the abstract of the fifth chapter of the AER, Hyun Song Shin, economic adviser… Read More >>
ECB Issues Warning Call About Blockchain
The sheer fact that the European Central Bank (ECB) is examining the use of the distributed ledger technology (DLT) for the Eurosystem’s market infrastructure has put blockchain firmly on the financial map. However, more work needs to be done to see whether this shared database — originally developed for cryptocurrency Bitcoin and used to secure… Read More >>
