The threat of cyber attacks grows ever greater, as hackers become more and more sophisticated and an increasing level of data is handled electronically. So what are financial institutions, exchanges and governments doing to combat this threat?

Regulatory demand for greater insight into banks has pushed financial institutions to seek out scalable and low-cost data processing. 

Addressing the economic needs of the billions of individuals at the base of the global pyramid has long been seen as one of the great opportunities left for financial institutions. However, this section of society is now beginning to come up with its own solutions – thanks to a spate of 'reverse innovation' – leaving the large developing world lenders superfluous to its needs.

Chief technology officer Robin Paine is insourcing the London Metal Exchange’s IT function to fit its future as part of Hong Kong Exchanges and Clearing. He tells The Banker how the complex transformation is taking place.

Turkey's banks are acquiring a global reputation for innovative products, particularly those that connect them with the country's youthful population through social media. As Duygu Tavan discovers, this is increasingly being done through smartphones.

Following its acquisition of Dresdner Bank in 2008, Germany’s Commerzbank is now turning its focus back to developing products and services, its chief information officer tells The Banker.