Financial applications
Find news stories, analysis and case studies to help you best leverage financial applications to drive forward business and corporate strategies. Stay abreast of new financial applications developments, and get expert advice on how to evaluate corporate performance management (CPM) software, and manage corporate performance management systems. Learn how to best use software to improve financial management processes such as forecasting, planning and budgeting. And read about how to use financial analytics software to create performance dashboards to aid decision-making.
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News
09 Dec 2024
Inside Prudential’s AI strategy
Prudential is leveraging AI across its operations, from enhancing customer interactions and streamlining internal processes to empowering its workforce through upskilling initiatives Continue Reading
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News
09 Dec 2024
Post Office senior leadership warned of IT project data safeguarding risk
Post Office board members and senior executives have been made aware of the risk to data related to its ill-fated Horizon system replacement project Continue Reading
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News
09 Dec 2024
Post Office senior leadership warned of IT project data safeguarding risk
Post Office board members and senior executives have been made aware of the risk to data related to its ill-fated Horizon system replacement project Continue Reading
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Feature
08 Dec 2024
Post Office Horizon scandal explained: Everything you need to know
Computer Weekly has investigated the Post Office Horizon scandal since 2008 and is, in fact, part of the story. This guide contains essential information about the scandal Continue Reading
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Feature
29 Nov 2024
Could generative AI help to fill the skills gap in engineering?
The role of artificial intelligence and machine learning in society continue to be hotly debated as the tools promise to revolutionise our lives, but how will they affect the engineering sector? Continue Reading
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News
27 Nov 2024
Post Office Capture users invited to pivotal meeting with government
About 80 former Capture users have now come forward for legal support in making claims against the Post Office Continue Reading
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News
25 Nov 2024
Post Office scandal: How much deeper and wider can it get?
It took decades to expose the Post Office Horizon scandal but that effort has laid the groundwork for others to seek justice and financial redress Continue Reading
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News
22 Nov 2024
Swiss encrypted messaging service, ePost, targets one million postal users
Swiss ePost chief Renato Stalder bets on encrypted communications as demand for letter delivery falls Continue Reading
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Feature
21 Nov 2024
Post Office Horizon IT scandal inquiry: Three years of shocking revelations
Nearly three years of shocking revelations from the Post Office Horizon scandal inquiry Continue Reading
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News
19 Nov 2024
Subpostmasters hit by Post Office scandal plan to meet over 'nuclear option'
Members of campaign group Justice for Subpostmasters Alliance will discuss taking legal action in their pursuit of full, fair and final financial redress Continue Reading
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News
18 Nov 2024
Post Office IT boss calls for subpostmasters to judge him on his actions
Recently installed Post Office chief transformation officer tasked with replacing controversial IT system tells Computer Weekly the organisation’s leadership understands the challenges ahead Continue Reading
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News
15 Nov 2024
Post Office to decide on Horizon before April, Fujitsu board considers final contract extension
Chief transformation officer tells Computer Weekly about ongoing work on replacing controversial Post Office Horizon system and extending contract with Fujitsu Continue Reading
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News
12 Nov 2024
Post Office requested four-year Horizon extension, as Fujitsu boss arrived at public inquiry
Fujitsu boss says the Horizon system has reached the end of its life and a long contract extension might not be possible Continue Reading
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News
12 Nov 2024
How quantum computing could reshape financial services
Experts at the Singapore FinTech Festival predict quantum computing will improve risk management, investment strategies and fraud detection in the financial sector, while also posing new challenges for data security Continue Reading
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News
11 Nov 2024
Post Office scandal not caused by software errors, says combative Fujitsu boss
During a sometimes heated appearance at the public inquiry, Fujitsu’s European boss Paul Patterson said the inquiry has shed light on who is to blame for the scandal Continue Reading
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News
08 Nov 2024
Government announces Green Paper on future of scandal-ridden Post Office
Consultation process will enable a wide range of people to air their views on the future of the scandal-hit Post Office Continue Reading
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News
07 Nov 2024
Post Office wrongly used public funds to pay for legal battle
Senior civil servant’s appearance at public inquiry reveals Post Office broke spending rules when it diverted money to legal battle Continue Reading
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News
06 Nov 2024
Post Office was reluctant to cut costs despite 143 central staff earning more than £100k
Former Post Office minister told public inquiry that Post Office boss did not want to cut central costs, despite how many staff were earning more than £100k Continue Reading
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News
01 Nov 2024
Bank of England warns against AI ‘complacency’
UK financial services regulator wants to increase understanding of AI’s benefits and how firms are managing the risks it poses, as take-up grows and use cases increase Continue Reading
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News
31 Oct 2024
Fujitsu boss to face tough reappearance at Post Office inquiry, following inaction and sidestepping
Fujitsu’s European boss will have to justify why promises made at the public inquiry months ago have not been followed through Continue Reading
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News
30 Oct 2024
No simple replacement for digital evidence rules, says Post Office Horizon trial judge
Judge in Post Office Horizon trial says a more flexible approach to how digital evidence is used in court cases may be required as IT complexity increases Continue Reading
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News
29 Oct 2024
Tata Consultancy Services to deliver Irish pension scheme
Indian IT services giant adds to its growing customer base in the pensions sector with Irish contract win Continue Reading
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News
28 Oct 2024
Who is the subject of the Post Office’s Project Tiger investigation?
The Post Office is listening to a campaigner’s complaints almost a decade after ignoring his more serious accusations and warnings Continue Reading
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News
24 Oct 2024
Government ‘urged’ to overturn all convictions based on Post Office Capture
Influential group has written to the government calling for legislation to overturn the criminal convictions of former subpostmasters that were based on Capture system data Continue Reading
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News
24 Oct 2024
Prudential taps AI to improve health insurance experience
Insurance giant Prudential teams up with Google Cloud to streamline claims processing, personalise healthcare journeys and improve health outcomes Continue Reading
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News
24 Oct 2024
Warning shots fired as former subpostmasters have ‘useful’ meeting with Post Office CEO
Acting CEO meets two campaigning former subpostmasters emphasising need for their input into the Post Office’s future direction, including its branch system development Continue Reading
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News
23 Oct 2024
Federation requests government investigation into third Post Office branch system
Following public anger over the Horizon scandal and the subsequent unravelling of the controversial Capture system, subpostmaster federation wants third branch IT system to be reviewed Continue Reading
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News
22 Oct 2024
Change to rules on computer evidence will be an ‘outcome’ of Post Office scandal
The executive currently heading up the Post Office’s investigations department has told public inquiry that rules on computer evidence have to change Continue Reading
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News
22 Oct 2024
Former Post Office IT boss alleged to have misrepresented alternative to in-house build
Internal Post Office document reveals allegations that former transformation boss misrepresented off-the-shelf option to replace Horizon Continue Reading
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News
21 Oct 2024
Review of late evidence doesn’t change Post Office Capture system report
Conclusions reached in government-commissioned report into pre-Horizon software are unchanged after late evidence reviewed Continue Reading
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News
16 Oct 2024
Former police officer heading Post Office operations did nothing to help innocent subpostmasters
Former chief operating officer did nothing when action could have put a stop to the Post Office wrongful prosecutions Continue Reading
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News
11 Oct 2024
Post Office believes it took £36m from subpostmasters with unexplained losses
The Post Office wrongly blamed subpostmasters for unexplained account shortfalls and made them cover losses out of their own pockets - then banked the money itself Continue Reading
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News
11 Oct 2024
Post Office set to axe in-house-developed New Branch IT software
Troubled business may ditch its plan to build a new core branch system in-house and buy an off-the-shelf alternative Continue Reading
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News
07 Oct 2024
Post Office boss Nick Read ‘inadequate, greedy and self-interested’, whistleblowers tell inquiry
Outgoing Post Office boss Nick Read faces public inquiry for three days this week, with no shortage of questions to answer Continue Reading
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News
06 Oct 2024
Whistleblowers call out ongoing cover-up by Post Office CEO in explosive letter
A letter from Post Office staff to MPs, statutory inquiry chair Wyn Williams and the Post Office chairman demands their intervention and an investigation into the organisation's leadership Continue Reading
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News
04 Oct 2024
Late evidence in Post Office Capture investigation could not be reviewed
Evidence failed to reach investigators in time for report into controversial pre-Horizon Post Office software Continue Reading
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News
03 Oct 2024
Post Office and Fujitsu: from blood brothers to bad blood
Former Post Office chief transformation officer’s evidence to the public inquiry reveals organisation’s strained relationship with main IT supplier Fujitsu Continue Reading
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News
02 Oct 2024
India’s fintechs find fortune in underserved segments
Indian fintech companies are leveraging artificial intelligence and blockchain to address underserved customer segments, unearth hidden revenue opportunities and create innovative products Continue Reading
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News
02 Oct 2024
‘Shocked’ MoneyGram hits back at Post Office
Money transfer fintech wrote to subpostmasters expressing its disappointment with the Post Office over end of contract Continue Reading
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E-Zine
01 Oct 2024
AI advances in cancer care
In this week’s Computer Weekly, medtech startups are showing how AI can offer dramatic advances in cancer care – we talk to one such firm to find out more. Every CIO is used to delivering rapid response times for users, but not many target latency of eight nanoseconds – we find out how it’s done. And we examine the latest trends on datacentre cooling in the light of advances in energy efficiency. Read the issue now. Continue Reading
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News
30 Sep 2024
Investigation finds 'reasonable likelihood' Post Office Capture software caused accounting losses
An independent forensic analysis finds the predecessor to Horizon IT system was also likely to have caused shortfalls for which subpostmasters were blamed, years before the Post Office scandal Continue Reading
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Opinion
23 Sep 2024
Gartner: Mitigating security threats in AI agents
Agents represent a step-change in the use of artificial intelligence in the enterprise - as attendees at Salesforce's annual conference saw first hand this month - but do not come without their risks Continue Reading
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News
18 Sep 2024
Dreamforce 2024: Salesforce calls on customers to flesh out AI vision
A stream of customers helped Salesforce make the case for its Agentforce artificial intelligence offering on the opening day of the annual Dreamforce conference in San Francisco Continue Reading
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News
12 Sep 2024
Government receives report on second controversial Post Office IT system
Former subpostmasters suffered as a result of unexplained accounting shortfalls which they believe were caused by errors in Post Office Capture software, used before the controversial Horizon system Continue Reading
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News
03 Sep 2024
TSB systems could be on the move again as BBVA eyes its parent
TSB was migrated to the systems of Sabadell in a project remembered for its monumental IT meltdown in 2018 Continue Reading
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Feature
28 Aug 2024
Updating taxation: Can AI and data analysis help with HMRC’s human resources problem?
HMRC resources are currently thinly spread in the aftermath of Covid and Brexit. Could automating systems using generative AI help HMRC’s digital transformation? Continue Reading
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E-Zine
13 Aug 2024
Designed to deceive – reviewing the Post Office scandal inquiry
In this week’s Computer Weekly, we review the marathon latest phase of the Post Office scandal inquiry, as ministers, civil servants, executives and lawyers were shamed. We look at IOWN – a candidate for the next generation of networking technology. And we examine best practice in software asset management. Read the issue now. Continue Reading
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News
28 Jul 2024
Nearly a third of GenAI projects to be dropped after PoC
At least 30% of generative AI projects will be abandoned by 2025 as organisations struggle to realise the value of the technology, says Gartner Continue Reading
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News
24 Jul 2024
Post Office ‘acted the victim’ and civil servants ‘abandoned their principles’, says former minister
Former government minister tells inquiry the Post Office always played the victim of subpostmasters that it considered either ‘incompetent’ or ‘criminal’ Continue Reading
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News
23 Jul 2024
Innovations to power secure-by-design development
Secure Code Warrior unveils technology designed to help CISOs and AppSec teams ensure their projects remain safe and free of coding errors and vulnerabilities – a big issue following the CrowdStrike incident Continue Reading
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News
23 Jul 2024
Former minister felt she was fighting department over Post Office controversy
Former government minister was fighting with Shareholder Executive officials as she probed for information following allegations brought to her by MPs Continue Reading
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E-Zine
18 Jul 2024
CW EMEA: Keeping across the rules
This issue includes all you need to know about the EU’s artificial intelligence regulations, plus an in-depth look at Saudi Arabia’s ambitious smart city project. Continue Reading
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News
18 Jul 2024
Government trusted ‘abuser’ over the abused on Post Office scandal
The government referred allegations about subpostmasters’ mistreatment by the Post Office to the alleged abuser itself Continue Reading
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News
16 Jul 2024
Fujitsu analyst gave witness statements when more qualified colleagues refused
Fujitsu employee provided witness statements to courts in cases against subpostmasters despite not understanding the evidence, after qualified IT experts refused Continue Reading
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News
15 Jul 2024
Civil servant said subpostmasters’ threat of legal action was ‘sabre-rattling’
Post Office scandal public inquiry hears damning evidence capping off a bad week for the reputation of high-profile civil servants Continue Reading
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News
10 Jul 2024
Civil servant was lone voice on Post Office board to query legal plan that blew taxpayers' cash
Government representative felt he was 'in a minority of one' on the Post Office board of directors in questioning the handling of a High Court battle with subpostmasters that cost £100m Continue Reading
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News
10 Jul 2024
Setting the high bar in digital transformation
Roel Louwhoff, Standard Chartered’s chief transformation, technology and operations officer, outlines what it takes for the company to become a client-focused, data-driven bank Continue Reading
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News
09 Jul 2024
Government left monitoring of Post Office to ‘luck’
If the Post Office board failed to spot bad faith within its management, it would be down to ‘luck’ for the government to find out Continue Reading
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News
08 Jul 2024
Sir Alan Bates welcomes MP’s elevation to House of Lords
Former Labour MP has moved to the House of Lords where he will continue campaigning for justice for victims of the Horizon scandal Continue Reading
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Feature
08 Jul 2024
Women in Data: Barilla chief of analytics on reaching the ‘so what?’ moment with data insights
Barilla’s chief of analytics and insights, Lyndsay Weir, talks about how to get from data to results, and where the industry needs to change Continue Reading
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News
02 Jul 2024
Nordic banks pursue AI in battle with digital competitors
Traditional Nordic banks are raising their investments in artificial intelligence to help them retain market share in increasingly populated sector Continue Reading
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News
02 Jul 2024
Kyndryl eyes mainframe workloads in ASEAN
Kyndryl and AWS open centre of excellence in Malaysia to help ASEAN enterprises modernise and migrate their mainframe workloads to the cloud Continue Reading
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News
28 Jun 2024
How FWD is driving its digital strategy
FWD’s group chief technology and operations officer talks up how the pan-Asian insurer is driving change faster and putting technology at the heart of its services Continue Reading
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News
27 Jun 2024
Experts shocked by ‘extraordinary’ claim made by Post Office IT expert witness
A former Fujitsu engineer made an ‘unbelievable’ claim about evidence he gave in witness statements when acting as an expert witness during Post Office prosecutions of subpostmasters Continue Reading
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News
26 Jun 2024
Ignorance of ‘legal niceties’ from Post Office expert IT witness saw innocent people jailed
IT expert used by Post Office to give evidence supporting prosecutions of subpostmasters did not understand legal duties he was bound to Continue Reading
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News
25 Jun 2024
Numbers prove former subpostmaster federation boss’s ignorance over Post Office scandal
George Thomson is ignoring the numbers when he downplays subpostmaster prosecutions based on Horizon data Continue Reading
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News
24 Jun 2024
Post Office expert IT witness Gareth Jenkins resigns BCS membership
The former Fujitsu chief architect for Horizon has resigned as a member of the BCS after he was told he could be investigated Continue Reading
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News
24 Jun 2024
Metropolitan Police could investigate one of its own staff in Post Office probe
Former Post Office investigator deleted references to software errors in a witness statement from Fujitsu’s Gareth Jenkins during the wrongful prosecution of a subpostmaster Continue Reading
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News
20 Jun 2024
Post Office and Fujitsu had tense relationship, but were joined at hip when protecting their brands
Problems in the roll-out of Horizon Online in 2010 created a tense relationship between the Post Office and Fujitsu Continue Reading
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News
19 Jun 2024
Post Office Horizon system investigators were blocked and threatened as they witnessed cover-up
Independent investigators who put Post Office and its Horizon system under spotlight faced aggression as they witnessed cover-up Continue Reading
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News
17 Jun 2024
Once ridiculed Post Office scandal campaigner Alan Bates receives knighthood
Campaigner for justice, once labelled a ‘nutter’ and a ‘thief’, knighted for his work to expose the Post Office scandal Continue Reading
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News
14 Jun 2024
Post Office scandal victims in Scotland have convictions quashed
Scotland follows England, Wales and Northern Ireland in exonerating wrongfully convicted subpostmasters en masse Continue Reading
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News
12 Jun 2024
IT witness was hidden away from Post Office court battle, but supported it from shadows
Former Fujitsu chief architect provided evidence support to Post Office witnesses in High Court battle despite being unfit to provide it directly Continue Reading
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News
11 Jun 2024
Cobol knowledge crisis threatens Dutch financial systems
Expertise in complex Cobol systems, critical to major financial institutions, is dwindling in The Netherlands, resulting in retired professionals returning work Continue Reading
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News
10 Jun 2024
Post Office Capture software training deficit echoes systemic Horizon problems
Post Office branch managers have told Computer Weekly they had no training on how to use Capture software, which pre-dated Horizon Continue Reading
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News
10 Jun 2024
Driving customer experience through cloud and AI
Autodesk’s global CIO Prakash Kota explains how the company is modernising its IT infrastructure and adopting cloud and AI to drive customer experience Continue Reading
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News
07 Jun 2024
Fujitsu had Post Office ‘over a barrel’, inquiry told
Post Office scandal inquiry hears how board member believed Fujitsu was exploiting the Post Office Continue Reading
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News
06 Jun 2024
Mystery Post Office software developer revealed in 1995 Horizon project document
Capture software was used by about 2,000 subpostmasters in the 1990s, with allegations that errors in the software caused account shortfalls Continue Reading
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News
05 Jun 2024
Post Office chair was aware of Horizon concerns from day one but failed to act
Almost immediately after joining the Post Office, Alice Perkins was told about software problems and was concerned about an imbalance of power in the Post Office’s relationship with Fujitsu Continue Reading
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News
05 Jun 2024
Subpostmasters consider legal action against government in pursuit of financial redress
Campaigner says former subpostmasters may have to resort to legal action in pursuit of the money they are owed Continue Reading
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News
04 Jun 2024
Post Office bosses misled subpostmasters a day before IT project problems were exposed
Subpostmasters were reassured by Post Office executives that the Horizon replacement project was satisfactory the day before Computer Weekly reported news to the contrary Continue Reading
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News
03 Jun 2024
How poor IT project management failed Birmingham Oracle implementation
Birmingham City Council’s Oracle system – the biggest of its kind in Europe – went live in April 2022, resulting in a catastrophic IT failure. We investigate Continue Reading
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Opinion
03 Jun 2024
Post Office scandal: What is a systemic error?
For those following the Post Office Horizon scandal public inquiry, confused about what makes a computer error systemic, IT expert James Christie explains Continue Reading
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News
31 May 2024
Fujitsu set for further £180m deal as Post Office Horizon replacement delayed
Problems with the Post Office project to replace its controversial Horizon IT system mean Fujitsu is set to receive up to £180m more in taxpayers' cash to support the system for another five years Continue Reading
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News
30 May 2024
Post Office Horizon replacement project labelled 'unachievable' as taxpayer bill reaches £1bn
The project to replace the Horizon IT system in Post Office branches is late, over budget and lacking quality – and government auditors sent in to assess a request for £1bn funding say it is currently unachievable Continue Reading
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News
30 May 2024
FWD teams up with AWS on cloud
The pan-Asian insurer plans to host its core applications on AWS in a five-year agreement that comes on the heels of an earlier deal with Microsoft to tap Azure cloud and AI services Continue Reading
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News
28 May 2024
Government appoints investigators to analyse Post Office Capture software used before Horizon
PC-based accounting software used by subpostmasters in the 1990s will be investigated by forensic specialist Kroll after reports that Post Office workers may have been wrongly prosecuted in the years before Horizon Continue Reading
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News
28 May 2024
Post Office scandal: Met Police investigation set to go national
The police investigation into Post Office and Fujitsu executives is about to gain the status of a major national investigation – but it could be years before any individuals are charged with crimes or face trial Continue Reading
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News
24 May 2024
Over 700 wrongful subpostmaster convictions overturned by new legislation
Parliament has approved a law that will see hundreds of subpostmasters with wrongful convictions exonerated as one of the government’s final acts before the general election Continue Reading
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News
24 May 2024
Paula Vennells boasted about removing Horizon risk reference in Royal Mail flotation prospectus
A reference to Horizon was removed from Royal Mail prospectus by Paula Vennells in the eleventh hour Continue Reading
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Feature
24 May 2024
CIO interview: Belinda Finch, CIO, IFS
Belinda Finch, CIO at enterprise technology company IFS, talks about the changing face of the c-suite and the opportunities for CIOs who want to progress from leading an IT team to running the whole company Continue Reading
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News
23 May 2024
APAC to gain $4.5tn in economic value from GenAI
The region’s largest economies could see a 0.7 percentage point increase in their annual GDP by leveraging generative AI responsibly at scale with a focus on people Continue Reading
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News
23 May 2024
Third police probe into Post Office scandal under consideration
The Metropolitan Police Service is looking into investigating potential corporate and individual crimes committed in the Post Office Horizon scandal Continue Reading
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News
23 May 2024
Munich Re sees strong growth in AI insurance
Global reinsurance giant Munich Re expects more demand for AI insurance from organisations that are looking to manage the risks of AI as they experiment more with the technology Continue Reading
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News
22 May 2024
‘You knew’ – former ally accused Paula Vennells of knowing about Horizon problems
Former Royal Mail CEO messaged Paula Vennells following the broadcasting of ITV’s dramatisation of the Post Office scandal, questioning what the former Post Office boss knew and removed her support Continue Reading
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News
20 May 2024
Post Office directors went crawling back to Fujitsu when IBM project got complex, inquiry told
More details emerge about how close IBM came to replacing Fujitsu and its controversial Horizon system at the Post Office Continue Reading
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News
20 May 2024
The fall from grace of ex-priest and Post Office boss Paula Vennells
As Paula Vennells faces statutory public inquiry into Horizon scandal, Computer Weekly compiles some of its must-read articles about the controversial former Post Office boss Continue Reading
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News
17 May 2024
Post Office CEO Paula Vennells ‘didn’t believe there were miscarriages of justice,’ inquiry told
As the nation waits for the impending appearance of former Post Office CEO Paula Vennells at the public inquiry, a former colleague reveals her certainty that there were no miscarriages of justice Continue Reading
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News
17 May 2024
Post Office considered asking Computer Weekly to review Horizon IT system
The Post Office CIO was tasked by directors with sizing up Computer Weekly for the task of reviewing a forensic investigation into Horizon Continue Reading
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News
15 May 2024
Comms director at centre of cover-up never thought Post Office were the ‘baddies’
Head of communications at the Post Office painted a rosy picture of the error-prone Horizon system when challenged Continue Reading
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News
14 May 2024
Scotland’s Post Office scandal victims to be exonerated en masse
The Scottish parliament will introduce its own legislation to exonerate subpostmasters with convictions based on evidence from Post Office Horizon system Continue Reading
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News
13 May 2024
How SingPost is delivering on digital transformation
SingPost group CIO outlines the company’s efforts to leverage AI and automation to improve operations, emphasising the importance of building the right culture as it expands its regional footprint Continue Reading