Hugh Cumberland

Hugh is a specialist in STP, automation/efficiency and outsourcing, in post-trade, clearing/settlement and treasury/payments. Before joining Colt in 2011, he worked both inside Financial Services for banks and brokers and for service providers to the sector.

The false economy of legacy

12 Dec 2014

It is increasingly apparent that the longer-term viability and profitability of any financial institution depends on ending its reliance on legacy technology – IT systems that have been in place for decades and are no longer fit for the much…

The 2015 banking cloud debate needs to move beyond “is it safe”?

12 Nov 2014

Next year will see the Cloud Banking World Series take place in London, New York, Hong Kong and Dubai. Given its scale, one could be forgiven for thinking that the banking community worldwide has finally embraced cloud. But instead the…

The technology and infrastructure challenges of Scottish independence

18 Sep 2014

Scotland decides today whether the country should be independent from the UK. In the event of a ‘Yes’ vote, the political, economic and social upheaval will be significant.We don’t know what currency a newly independent Scotland will use, but no…