Atos and IBM partner to accelerate cloud migration in finance sector

Atos and IBM Partnership

Atos and IBM, two key players in digital transformation and professional services, have partnered to help boost cloud migration for banks and insurance companies.

The partnership will focus around a new “Atos Cloud Centre of Excellence”.

The centre’s goal will be to increase security and regulatory compliance for financial services companies that are moving their workloads to the cloud.

In a joint statement the companies said: “With the pandemic...

UK government advises firms to use cloud to reduce carbon emissions

CO2 Pollution

UK businesses are being told to accelerate cloud adoption in an upscaled effort to tackle climate change, the UK government’s Department for Business, Energy and Industrial Strategy (BEIS) has advised.

The recommendation is part of a series of steps that businesses are being told to consider to help curb their carbon emissions by making changes to their technological habits.

This in turn is part of a wider push by the government to encourage businesses to get behind...

Bank of England warns that banks are overly reliant on cloud

Bank of England, London

The Bank of England is calling for increased powers to oversee the banking and finance sector’s switch to cloud computing.

Its concerns stem from cloud adoption making systems more secretive and concentrating sensitive data in the hands of a select few tech giants like Amazon and Microsoft.

The central bank has said it will need “additional policy measures” to make sure it can assess the industry’s IT infrastructure, even when it’s run by third...