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Bud Financial helps banks and their customers make more informed decisions using AI with DataStax and Google Cloud

CIO

By Jude Sheeran, EMEA managing director at DataStax When making financial decisions, businesses and consumers benefit from access to accurate, timely, and complete information. In today’s business landscape, data volumes can explode rapidly. Organizations must ensure their technology stack can handle immense data flow.

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Venture Capital in the Age of AI: Transforming Due Diligence

Alpha Sense BI

Factors affecting funding activity include nearly a dozen interest rate hikes by the Federal Reserve Bank since early 2022, record inflation as the highest in four decades, fading valuations, and looming fears of a recession. The case for robust due diligence plays a vital role in either fight-or-flight market scenario.

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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. It announced it requested the appointment Monday, promising to give an update on the negotiations in due course.

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Due Diligence During Economic Downturn

Alpha Sense BI

In periods of high risk, renewed attention is brought to due diligence and what should concern your decision-making. For any business, maintaining a steady, reliable cash flow is vital to surviving unpredictable, underwhelming fiscal performance—especially in an economic downturn. Is Cash Flow Stable?

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets. June 2010: Autonomy acquires CA Technologies’ information governance business. May 2016: HPE sells its IT services business to CSC, forming DXC Technologies.

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4 hidden risks of your enterprise cloud strategy

CIO

And those massive platforms sharply limit how far they will allow one enterprise’s IT due diligence to go. When performing whatever minimal due diligence the cloud platform permits — SOC reports, GDPR compliance, PCI ROC, etc. it’s critical to remember that it is only a snapshot at that moment of evaluation.

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How Do Banks and Other Financial Institutions Benefit from AI

Smart Data Collective

AI is revolutionizing the banking and financial sector. Read this article to get to know why banks need to introduce AI-based solutions in their workflows—the faster the better. Banking is one of those industries that can earn or save billions of dollars thanks to AI. Compliance and Fraud Detection. Investment Valuation.

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