Q&A: Drivers of and Barriers to Cloud Adoption

by CompatibL Technologies LLC | Best Practice

Siarhei Niaborski, executive vice-president of risk at CompatibL, discusses the rate of cloud adoption in the capital markets industry and its possible drivers and barriers, how firms can derive maximum value from cloud usage and the criteria on which firms should determine their choice of cloud model.

About CompatibL Technologies LLC

CompatibL is a software vendor specializing in risk, limits, and regulatory capital. We provide a unique blend of quantitative and engineering expertise combined with an award-winning risk platform. Our customers are some of the most respected firms in the financial industry including four major derivatives dealers, 3 supranationals, over 25 central banks, and 3 major financial technology vendors.

CompatibL started operations in 2003 with a project to implement a real time limit management application for a major US bank. The system went live in the beginning of 2004 in New York, London, and Tokyo, and remains in production today. Over its 17 year history, CompatibL remained independent and free of pressures that come with venture capital and outside shareholders. We only answer to our customers, and nobody else.

Today, CompatibL employs over 300 people whose only focus is trading and risk management. Unlike some of our competitors, we do not do social apps, video games, websites, or logistics. We do one thing only, and do it well.

Enterprise blockchain governance and collaboration

White Paper | Financial Services Enterprise blockchain governance and collaboration

R3

Enterprise blockchain governance and collaboration

You’ve built the technology, now what? Due to the decentralized nature of blockchain, blockchain business networks differ significantly from traditional… Continue Reading

View resource
The Cyber Show | Episode 1

Video | Cybersecurity The Cyber Show | Episode 1

NXTsoft

The Cyber Show | Episode 1

It’s our first episode of The Cyber Show, by ThreatAdvice and NXTsoft – a quirky, non-technical round-up of cyber news,… Continue Reading

View resource
Multi-country KYC transformation for 1.5M customer records

Case Study | Anti-money laundering Multi-country KYC transformation for 1.5M customer records

Maveric Systems Ltd

Multi-country KYC transformation for 1.5M customer records

One among the Top 50 World’s biggest banks embarked on a KYC transformation journey across its 9 operating countries. This… Continue Reading

View resource
60% Cost reduction and 99.5% Temenos system availability

Case Study | Banking 60% Cost reduction and 99.5% Temenos system availability

Maveric Systems Ltd

60% Cost reduction and 99.5% Temenos system availability

One of the top challenger banks in the UK required an extended team of Temenos professionals to support and manage… Continue Reading

View resource
Build-out-the-bank Programme– The Award Winning Story of Allica Bank

Case Study | Banking Build-out-the-bank Programme– The Award Winning Story of Allica Bank

Maveric Systems Ltd

Build-out-the-bank Programme– The Award Winning Story of Allica Bank

Allica bank embarked on an ambitious journey which required them a Quality engineering (QE) partner, who could assure every process… Continue Reading

View resource

Other resources from CompatibL Technologies LLC

Q&A: Drivers of and Barriers to Cloud Adoption

Best Practice | Risk management Q&A: Drivers of and Barriers to Cloud Adoption

CompatibL Technologies LLC

Q&A: Drivers of and Barriers to Cloud Adoption

Siarhei Niaborski, executive vice-president of risk at CompatibL, discusses the rate of cloud adoption in the capital markets industry and… Continue Reading

View resource
On the Verge of Basel IV: What’s New in the Package for Banks?

Other | Consultants On the Verge of Basel IV: What’s New in the Package for Banks?

CompatibL Technologies LLC

On the Verge of Basel IV: What’s New in the Package for Banks?

Reform of the Basel norms in banking brings new challenges but sets robust safeguards for financial markets. Read the analysis… Continue Reading

View resource
On the Verge of Basel IV: What’s New in the Package for Banks?

Case Study | Banking On the Verge of Basel IV: What’s New in the Package for Banks?

CompatibL Technologies LLC

On the Verge of Basel IV: What’s New in the Package for Banks?

Basel norms in banking are an internationally agreed set of measures developed by the Basel Committee on Banking Supervision (BCBS)… Continue Reading

View resource
How to Choose the Best Cloud Deployment Model for Your Business

Best Practice | Middleware/SOA infrastucture How to Choose the Best Cloud Deployment Model for Your Business

CompatibL Technologies LLC

How to Choose the Best Cloud Deployment Model for Your Business

Every company has its unique business needs, creating a challenge for cloud services and solutions providers. CompatibL’s overview of cloud… Continue Reading

View resource
CompatibL Risk Platform Overview

Brochure / Fact Sheet | Risk management CompatibL Risk Platform Overview

CompatibL Technologies LLC

CompatibL Risk Platform Overview

Whether developing an application to run a business or address the needs of a sophisticated platform, CompatibL delivers custom software… Continue Reading

View resource
Model Validation Best Practices for Banks

Best Practice | Consultants Model Validation Best Practices for Banks

CompatibL Technologies LLC

Model Validation Best Practices for Banks

What is model validation and why is it important for model risk management for banks and financial institutions?… Continue Reading

View resource
Digital Transformation amid Coronavirus Outbreak 2020

Other | Risk management Digital Transformation amid Coronavirus Outbreak 2020

CompatibL Technologies LLC

Digital Transformation amid Coronavirus Outbreak 2020

The coronavirus outbreak poses potential sever regulatory and reputational issues. Providers of risk management, IT consulting services, and cloud solutions… Continue Reading

View resource
Cloud Adoption Special Report

Best Practice | Risk management Cloud Adoption Special Report

CompatibL Technologies LLC

Cloud Adoption Special Report

Learn how CompatibL Technologies enables customers to embrace these technologies by downloading our Cloud Adoption Report, published by Risk.net. Discover… Continue Reading

View resource