Martin Swanson
BIS Innovation Hub and SWIFT announce Atomic ...

Atomic Wire announced as a winner of the ISO 20022 hackathon for its highly scalable stream processing solution that performs real-time atomic settlement of FX transactions, eliminating settlement risk and removing barriers to adopting payment-versus-payment for cross-border payments.

BIS Innovation Hub and SWIFT announce Atomic Wire as winners of ISO 20022 and API hackathon

Facilitating Increased Adoption of PvP for Cross-Border Payments

Facilitating Increased Adoption of PvP for Cross-Border Payments

Our submission to the #ISO20022 Hackathon hosted by the Bank for International Settlements – BIS and SWIFT.

We achieved a peak rate of >100K atomic transactions per second on a 32-core machine, without any performance tuning. That represents 73% of the combined global transaction volume for payments, FX, and securities settlement.

Deutsche Bank and Google Cloud sign pioneering cloud and innovation partnership

Deutsche Bank and Google Cloud sign pioneering cloud and innovation partnership

Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) and Google Cloud have finalised a strategic, multi-year partnership to accelerate the bank’s transition to the cloud and co-innovate new products and services. It is the first partnership of this kind for the financial services industry.

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FSB: Banks should be worried about BigTech not FinTech

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FSB: Banks should be worried about BigTech not FinTech

BASEL, February 2019 - The Financial Stability Board has warned that banks have more to fear from the competitive impact of Big Tech firms in financial services than the disruptive threat posed by FinTech startups.

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Most banks will be made irrelevant by 2030 - Gartner

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Most banks will be made irrelevant by 2030 - Gartner

GARTNER, October 2018 - Within 12 years time, 80% of financial firms will either go out of business or be rendered irrelevant by new competition, changing customer behaviour and advancements in technology, according to forecasts by Gartner.

data Artisans Introduces Industry’s First Serializable ACID Transactions Directly on Streaming Data

data Artisans Introduces Industry’s First Serializable ACID Transactions Directly on Streaming Data

BERLIN and SAN FRANCISCO, September 2018 — data Artisans, founded by the original creators of Apache Flink®, today unveiled at the Flink Forward Berlin Conference a new patent-pending technology that extends the scope of stream processing with fast, serializable ACID transactions directly on streaming data. data Artisans is the first company to bring distributed ACID transactions to stream processing, transcending a long-standing limitation of existing stream processing technology.

Is Event Streaming the Next Big Thing for Finance?

Is Event Streaming the Next Big Thing for Finance?

While Silicon Valley is always awash with new technology buzzwords, one that has become increasingly dominant in recent years is Stream Processing: a type of software designed to transport, process and react in real-time to the massive streams of event data at the heart of large internet companies.

Artworks from Guide to Computing by Docubyte