Modernization, data, and regulation: How banks can leverage technology for good

17/04/2024 22 min Temporada 3 Episodio 5
Modernization, data, and regulation: How banks can leverage technology for good

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Episode Synopsis

There is no doubt of the opportunity modernizing technology and infrastructure can create for efficiency and growth, particularly in the world of banking. In this episode, our experts discuss the complex challenges of undertaking mainframe modernization and the risks involved, as well as the risk of not modernizing and what can happen if you don’t. How do you keep the business running during the transformation and work within the limitations of legacy apps that are not yet modernized? The ever-increasing data sovereignty and compliance concerns add another layer of complexity. And, with upcoming regulations on data and AI governance, like DORA and the AI Act, should banks be thinking about their own modernization journey?Featured ExpertsRonan Hughes, Core Banking Principal Architect, Bank of Ireland​Chris Davis, Managing Director of Ireland and Senior Partner for Bank of Ireland, Kyndryl​

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