IBM

Northern Trust adds auditing to distributed ledger

03/19/18

The bank’s distributed ledger for private equity deals can now provide nodes to auditors, so they can easily access documents and data for their annual reviews.

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JPMorgan Chase, Barclays join IBM quantum computing network

12/14/17

Banks are looking at using the powerful number-crunching technology to make risk calculations, analyze portfolios and protect their systems against sophisticated cyberattacks.

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Blockchain moves beyond its 'moonshot' phase

11/16/17

Brian Behlendorf, leader of the Linux Foundation's effort to establish standards for blockchain, likens the invention of cryptocurrencies to the moon launch and says banks, open-source developers and others are working to make the underlying technology commercially viable.

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That IBM blockchain? Northern Trust says it works

08/22/17

For high-value, low-volume transactions, that is. Big Blue formally launched the platform Tuesday, but the custody bank has been using it for months, as has a group of Canadian institutions.

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How Wells Fargo's cyberwarriors stay battle-ready

07/31/17

Large banks like Wells Fargo have started using "cyber ranges" and "red teams" to respond to real cyberattacks on virtual versions of their real systems.

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IBM upgrades mainframe to encrypt data at high speeds

07/17/17

System can run more than 12 billion encrypted transactions per day and can automatically keep applications, cloud services and databases hashed.

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Is the financial crisis officially over?; Watson to the rescue

06/14/17

Trump administration’s “lighter” regulatory proposal signals that banks may finally have entered a “post-crisis” era; IBM rolls out Watson artificial intelligence tools to deal with regulations.

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IBM unveils new Watson tools to help banks manage compliance, AML

06/14/17

IBM is set to announce new tools on Wednesday aimed at reducing the compliance burden of financial institutions and sifting through the mounds of data they collect by using Watson, its cognitive computer.

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Have rogue employees met their match in AI?

05/03/17

Large banks and Nasdaq are applying artificial intelligence to the detection of bad behavior such as fraudulent account openings and market manipulation. The technology may spot misconduct where humans didn’t.

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IBM courts fintechs with new developer cloud

03/20/17

The tech giant said it is enabling third-party developers to create financial services apps in the cloud.

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