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Kendrill launches services for banking and financial institutions on Google Cloud platform

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Kendrill launches services for banking and financial institutions on Google Cloud platform

New York – Announced Kendrell (NYSE: KD), the world’s largest provider of technology infrastructure services, announced the launch of new services for banking and financial institutions to store and protect their confidential and sensitive data on the Google Cloud Platform. Kendrill’s new services are designed to provide organizations with a consolidated, scalable and secure data base to support their regulatory activities and corporate code compliance requirements.

Kendrell has built new services on the Google Cloud Reference Architecture for Financial Services, focusing on automation, security and simplifying customer compliance. These services allow customers to take advantage of Google Cloud security solutions, such as Confidential Computing and Security Command Center, which encrypts their confidential data.

These Kendrill services are designed to meet the unique needs of financial institutions and help them adhere to specific compliance standards for their specific operations. The new service has many capabilities and differentiating factors essential to digitally modernize banks and financial institutions, and is supported by the expertise of engineers.Kyndryl adviceKyndryl’s development and implementation teams, Kyndryl Cloud Native Managed Services, as well as Kyndryl’s compliance and security expertise.

Kendrell works with Google Cloud to meet the needs of financial services organizations with a cloud approach tailored to the banking and financial industries that transcends generic services and their limited and limited capabilities. This modular approach is based on deep industry experience and is designed to provide security. and privacy in the cloud.

“We’ve developed innovative services with advanced security capabilities to help financial services organizations plan and implement their data and application environments on Google Cloud,” said Meenaji Venkat, vice president of Cloud at Kyndryl Consult. “Kendryl’s 30+ years of experience designing, building and managing critical technology infrastructures ensure customers can manage their businesses and transactions in the cloud with confidence and security.”

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“Our services partners like Kendrill provide the expertise and resources many organizations need during their large-scale digital transformation projects,” said Benji Harrison, director of Global Alliances at Google Cloud. “Now, Kendrill offers new financial services companies solutions using Google tools.” Cloud security and reliable infrastructure to help customers achieve their business transformation goals.”

Kendrill has designed its financial services capabilities to leverage Google Cloud security features and services that the financial services industry needs and relies on:

● Technology Secret computer Major financial services encrypt data during processing to prevent unauthorized access.

● Advantage Protection of sensitive data It provides tools to detect, categorize and hide sensitive data to prevent it from being used in analysis or training AI and machine learning models.

● Platform Security Command Center It helps maintain and control regulatory and security compliance and provides quick alerts on non-compliance with guidance for problem resolution.

Among these services, Kendrell focuses on key enablers such as industry-leading design to enable financial services organizations to quickly and seamlessly transition to Google Cloud. These services can be tailored to specific customer and local regulatory requirements with modern operational practices such as code (IaC) and help customers implement and overcome challenges with confidence and security.

In addition, Kendrell leverages its deep industry experience and cloud capabilities to build effective financial services based on an operational model that controls and continuously improves performance, aligns pricing and cloud spending with business outcomes, and provides embeddable cloud services that accelerate problem solving and revenue generation. .

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For more information on Kendrill services for banking and financial institutions using Google Cloud, please visit: https://www.kyndryl.com/us/en/about-us/alliances/google-cloud
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– I finish –

About “Kendrell”.

Kendrill (NYSE: KD) is the world’s largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world relies on on a daily basis. For more information, visit the following website www.kyndryl.com.

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Economy

3 Asian countries control 72% of global chip industry, and US earmarks $260 billion to regain leadership

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3 Asian countries control 72% of global chip industry, and US earmarks $260 billion to regain leadership

About 70% of the total manufacturing capacity is located in South Korea, Taiwan and China, with the US in fifth place after Japan, which will have a 13% share in 2022, the semiconductor lobby body revealed.

In 1990 the United States accounted for 37% of production capacity, Europe another 44%, and Japan came in third with 19%. The latter was considered a semiconductor powerhouse in the 1980s, accounting for 51% of global chip sales in 1988.

The Biden administration passed the Chips and Science Act in August 2022, allocating about $280 billion to push the lagging domestic chip industry in terms of research and manufacturing to regain its leadership.

Although 200 mm wafers are still widely manufactured and used, the chart focuses on 300 mm wafers introduced in 2001, capable of holding more wafers and believed to be more cost-effective.

In 2022, the new standard and its predecessor showed similar production levels, but these numbers are expected to change significantly in the coming years.

By 2026, SEMI expects monthly volume of 9.6 million 300 mm wafers, while 200 mm wafer production will reach 7.7 million per month. In the last category, China leads in terms of production capacity, followed by Japan and Taiwan in second and third place respectively.

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Economy

Bitcoin is jumping around 10 percent on the week

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Bitcoin is jumping around 10 percent on the week

Bitcoin rallied strongly this week as the world’s number one cryptocurrency hit its all-time high, with a recovery in financial assets benefiting from the dollar’s decline.

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The prospect of an end to the Federal Reserve’s continuing monetary tightening cycle for more than a year and a half has contributed to a recovery in all financial assets, including major indices in global stock markets. Gold hit an all-time high after breaking above $2,100 an ounce, while Bitcoin rose to its highest level in 2023. This year has been one of the windiest years for the cryptocurrency as it ranks ninth. The largest assets by market value rose 166 percent to reach $860 billion.

Other reports, expectations of an end to the monetary tightening cycle, and expectations of an earlier-than-expected shift in monetary policy contributed to bitcoin’s gains. The latest expectations indicate the possibility of a rate cut in the US after the end of the first quarter of 2024, compared to previous expectations, which indicates the possibility of a rate cut at the beginning of the third quarter of the year. The most important factors fueling Bitcoin’s rise are reports of the imminent approval of Bitcoin exchange-traded funds (ETFs) submitted to major investment firms and related US bodies.

On the other hand, this year has not been without negative news for cryptocurrencies, especially the sanctions faced by one of the world’s largest cryptocurrency exchanges, Finans, which admitted early last month that it had lied in some of the allegations against it. US and private authorities were fined approximately $4.3 billion for anti-money laundering crimes, while the exchange’s founder, Changpeng Zhao, pleaded guilty and announced his resignation as CEO. Financial transfer.

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Bitcoin rose 9.97% to register around $43,801 during this week’s trading. Meanwhile, Ethereum price rose 6.56% to reach $2,345.

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Economy

Digital advertising is still in a state of uncertainty

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Digital advertising is still in a state of uncertainty

One of the golden rules in the business world is respect for the customer. This principle served Elon Musk when it came to Tesla and SpaceX. The message is if you want to drive or introduce an amazing car. Satellite to space, then Elon is what you are looking for. .

But the world’s richest man is testing the opposite side of the equation with his social media game, X, after several big companies, including Disney, Apple and IBM, have decided. Withdraw their ads from his platform. As a result of his endorsement of an anti-Semitic tweet, the world’s richest man delivered a clear message: “Go to hell.”

Advertisers seem to be taking Musk’s message seriously, and it would be easy to move to Google, TikTok or Facebook.

Platform X, formerly known as Twitter, represents a small slice of the vast digital advertising market. Media agency GroupM expects that digital advertising requires rare talent to turn a profit outside of the money fountain, but the success of “X” in this field is quite shocking.

GroupM expects the digital advertising market to grow 9.2% to $617 billion this year. The five largest global ad vendors, Google, Meta, and ByteDance, which operate TikTok, Alibaba, and Amazon, are expected to grow ad revenue by 25.4% on a combined annual basis between 2016 and 2022.

But some advertisers question how well other digital advertising platforms take care of their customers. A recent report by ad analytics service Adalytics found that ads for some major international brands and US and European government agencies continue to appear on pornographic sites and on companies in other banned countries.

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After analyzing 7.2 million websites on the Internet, Adaltics found numerous examples of ads for companies including Apple, BMW, Walmart and the US Treasury appearing on questionable sites without the advertisers’ knowledge. the way It allows third-party developers to embed search engines on their own sites, presumably through Google’s search partner network.

Showing ads this way not only puts advertisers’ reputations at risk, but also performs poorly, according to Analytics. Google announced investigations into Adalytics’ allegations, but found no evidence that ad revenue was shared with recognized companies.

However, the widespread adoption of machine learning systems is allowing marketers and digital advertising platforms to deliver and deliver more targeted and personalized ads than ever before.

“It allows us to send the right message to the right customer at the right time,” says Mark Reid, CEO of WPP advertising agency. So, for example, the agency used artificial intelligence and geolocation tools in 2021. 130,000 video ads for 2,000 local stores in India, all with Bollywood star Shah Rukh Khan’s “personal” endorsement.

Ads were viewed 4 million times on YouTube and Facebook, but Reid added that advertisers expect more transparency from digital platforms and third-party verification of where and when their ads are shown.

Reed said these platforms, which are interested in gaining market share, must encourage such transparency.

Some lawmakers are calling for tougher regulatory interventions to address the problem, and U.S. Senator Mark Warner called on the Federal Trade Commission and Justice Department to investigate “digital ad brokers operating in a concentrated, fraudulent ecosystem.”

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Arid Research senior analyst Richard Cramer says marketers have shown “sad negligence” by not paying enough attention while spending billions of dollars annually.

Kramer compared the digital advertising market to a vast, opaque stock market, where billions of trades are conducted daily and are subject to verification and settlement, while other trades often take place in “dark rooms.”

Kramer said Google may stop showing ads through its search and video partner networks, but the company wants to stay small, even if it’s better. He added: “None of these companies want transparency. “For big tech companies, transparency seems like a dirty word.” So, it’s time for advertisers to enforce such transparency, even if lawmakers don’t.

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