Cloud computing

Its One Ally strategy is meant to help the bank with personalization and cross-selling.

The banking goliath is continuing to execute its four-pillar technology investment strategy, CIO Lori Beer said at its investor day.

The Minneapolis-based bank announced it would partner with Microsoft Azure as its cloud provider early last year. Now it's getting its tech team cloud-ready.

Cloud providers don't communicate well about outages and small banks lack the right staffers, among other issues federal regulators identified.

The New York Stock Exchange busted more than 4,000 trades in 251 symbols due to an opening auction malfunction two weeks ago. Market participants and analysts recommend automating systems and upgrading technologies.

Big banks are aiming to bring their existing technologists up to speed with cloud certification and other modern architecture training.

U.S. Bank and KeyBank were among those that made significant advances in their use of cloud computing during the past year.

The U.K. exchange will spend at least $2.8 billion on cloud services from the tech giant over the next decade.

Banks are starting to use the technology, which protects cloud-based data while it's being used by an application.