Financial institution of New York Mellon to spice up 2022 tech spending

The Financial institution of New York Mellon will build up its generation spend subsequent 12 months so as to construct its platform choices and modernize its programs. Tech spend — damaged out as instrument and gear — reached $372 million within the 3rd quarter, up 9% 12 months over 12 months. The $470.5 billion financial institution reported profits of $881 […]

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