Elephant in the room: Balancing AI innovation with cloud projects
Voice of the CTO: While generative AI is today’s hot topic, bank technologists explain how they’ve spent years planning for this day, even if cloud had been the main focus. And to be sure, skeptics remain.
This article is the third in our new, annual examination of the spending plans of bank technology leaders. Parts one and two of this five-part series can be found here.
The goal is to shine a light on opportunities that some of the world’s biggest banks are trying to grasp—and the obstacles that stand in their way. Some of those hurdles are internal—winning support from the business for important-but-unglamorous refits, for example. Others are external, such as keeping up with the
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