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
15 Jan 2024
Santander bank added 4,500 tech staff last year
Santander added thousands of IT staff to its global operation last year, as part of its digital transformation Continue Reading
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News
23 Sep 2022
Copenhagen Fintech connects its members to the world
Copenhagen-based startup initiative is driving fintech developments across the Nordic region, with Mastercard its latest global partner 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 is 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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Feature
20 May 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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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
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News
10 May 2024
Generative AI is everywhere – but policy is still missing
Use of advanced artificial intelligence is outpacing organisations’ ability to govern the technology, warns ISACA research Continue Reading
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News
09 May 2024
Fujitsu’s Post Office Horizon admission was ‘bombshell’ amid ‘religious panic’ over reliability
Barrister Simon Clarke was representing the Post Office when he discovered an expert witness had misled courts in subpostmaster trials Continue Reading
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News
07 May 2024
Police told in 2016 that Post Office prosecutor withheld evidence of Horizon errors from court
A campaigning former subpostmaster told Surrey Police he suspected a ‘possible criminal offence’ when he found details of a Post Office prosecutor withholding evidence in a 2010 trial Continue Reading
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E-Zine
07 May 2024
Casting a critical eye on HMRC’s IR35 checker tool
In this week’s Computer Weekly, we investigate what has been going on with HMRC’s Check Employment Status for Tax (CEST) tool. We also speak to the CIO of Danfoss about making datacentres greener and explore the issue of restoring data and system backups after a ransomware or cyber attack. Read the issue now. Continue Reading
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News
03 May 2024
Post Office legal boss withheld details from statutory body reviewing miscarriages of justice
The Post Office’s top lawyer held back vital information when requested by the criminal cases review commission, preventing wrongful convictions from being reviewed Continue Reading
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News
01 May 2024
DWP anti-fraud measures will allow monitoring of bank accounts of landlords, carers and parents
Parliamentarians raise concerns that a proposed law to require banks to monitor the accounts of millions of people receiving state benefits could lead to those on welfare being denied accommodation or bank accounts Continue Reading
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News
29 Apr 2024
Post Office misjudged campaigner it labelled a ‘bluffer’
Social media, a trade union and tech expertise helped former subpostmasters expose Post Office bug myth Continue Reading
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News
26 Apr 2024
Post Office scheme was a ‘charade’ that never intended for large compensation pay-outs
The Post Office established a scheme to compensate subpostmasters affected by tech faults, but it was just a ‘charade’, says Public Inquiry KC Continue Reading
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News
26 Apr 2024
Post Office ‘lied’ to subpostmasters when forced to meet them, says former federation representative
Post Office executives were forced to meet subpostmasters to discuss an unexplained error in their branch, then misled the branch managers over remote access Continue Reading
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Podcast
25 Apr 2024
Podcast: How to prepare your data for digital transformation
We talk to Chris Gorton, EMEA managing director at Syniti, about how to prepare data for digital transformation Continue Reading
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News
23 Apr 2024
Post Office boss used husband’s descriptions in 'Orwellian' ploy to downplay Horizon problems
Post Office CEO sought advice from husband on what words to use in reports to downplay known errors in software, inquiry told. Continue Reading
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News
22 Apr 2024
Post Office lawyer was a jack of all trades, but failed his own
Post Office IT scandal inquiry hears how a lawyer was at the centre of the Post Office’s attempts to prevent problems with its IT system becoming public knowledge Continue Reading
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News
19 Apr 2024
Unisys reveals no link to development of controversial Post Office software
IT supplier finds no evidence that it was involved in the development of controversial Post Office software Continue Reading
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News
16 Apr 2024
Post Office boss signed off hush money to cover up smoking gun
A former Post Office boss admitted the pain and suffering of subpostmasters could have been avoided had the organisation done the right thing Continue Reading
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News
16 Apr 2024
CW Innovation Awards: Gleaning data insights with AI
Hong Kong-based Citic Telecom CPC has built a data platform that leverages large language models to generate insights and speed up data retrieval and analysis Continue Reading
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News
10 Apr 2024
Salesforce helps customers establish bug bounty programmes
Salesforce has added new learning content to its Trailhead platform designed to help customers develop their own bug bounty programmes Continue Reading
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News
09 Apr 2024
Civil servants more to blame for Post Office cover-up than ministers, says Alan Bates
Campaigning former subpostmaster believes the civil service has more to answer for than ministers in the Post Office Horizon scandal Continue Reading
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News
08 Apr 2024
Some former Post Office staff should be jailed over scandal, says government minister
Government minister outlines the real prospect that people will be jailed for their roles in the Post Office Horizon scandal Continue Reading
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News
08 Apr 2024
MPs will grill Cabinet Office over Fujitsu contract bidding pause
Parliamentary select committees have their eyes trained on Fujitsu’s response to the Post Office Horizon scandal, with its pause on bidding for contracts under scrutiny Continue Reading
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Feature
05 Apr 2024
Post Office Horizon IT scandal inquiry: Two years of shocking revelations
Read about two years of shocking revelations from the Post Office Horizon scandal inquiry Continue Reading
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News
04 Apr 2024
Fujitsu should stop bending rules, stop bidding and pay up, says MP
MP Liam Byrne calls on Fujitsu to put actions behind the promises it made to MPs, victims of the Post Office scandal and UK taxpayers Continue Reading
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News
03 Apr 2024
Fujitsu staff instructed how to bid for government contracts during self-imposed ban
Leak reveals how Fujitsu advises staff to approach UK government customers during its self-imposed bidding pause, as well as details of a multimillion-pound project to protect its reputation Continue Reading
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News
28 Mar 2024
Remote access is the Post Office’s known unknown
Calls for criminal investigation after covert recordings are latest evidence to reveal extent of Post Office knowledge of remote access to subpostmaster accounts Continue Reading
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News
26 Mar 2024
How SAP is infusing AI into its business applications
SAP’s chief artificial intelligence officer, Philipp Herzig, outlines the company’s approach towards AI and how it is making the technology more accessible to customers Continue Reading
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News
22 Mar 2024
Post Office Capture users’ campaign for justice gathers pace
The government is taking Post Office Capture allegations seriously as former subpostmasters seek answers Continue Reading
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News
15 Mar 2024
Controversial Post Office Capture software was completely rewritten in 1994
MP demands that the Post Office put effort into fully explaining the development and use of error-prone software used before Horizon in the 1990s Continue Reading
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News
14 Mar 2024
MPs will attempt to amend law on overturning Post Office scandal convictions
Business and trade select committee chair says the job is not done with legislation to overturn wrongful subpostmaster convictions and provide financial redress Continue Reading
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News
13 Mar 2024
Unprecedented bill to exonerate hundreds of wrongly convicted Post Office workers arrives
Unprecedented legislation that will see hundreds of former subpostmaster convictions for fraud and theft overturned begins its journey through Parliament Continue Reading
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News
12 Mar 2024
Nationwide IT infrastructure poised to absorb Virgin Money
A Nationwide takeover of Virgin Money will be the biggest financial services acquisition since 2008, but what about the IT challenges and opportunities that go with it? Continue Reading
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News
12 Mar 2024
Current subpostmaster account shortfalls reveal extent of Post Office’s pre-2019 neglect
Hundreds of current subpostmasters might have been hounded for money or prosecuted had the Post Office not been forced to change its ways in 2019 Continue Reading
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News
11 Mar 2024
How Microsoft is easing GenAI adoption into financial services
Microsoft is supporting enterprise deployment models, addressing the risks of the technology and leveraging its industry cloud capabilities to ease generative AI adoption in the financial sector Continue Reading
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News
06 Mar 2024
‘Brutal’ decisions required to sort out Post Office mess, says select committee chair
Liam Byrne, chair of the business and trade select committee, tells Computer Weekly about the group’s focus on getting Horizon scandal victims what they are owed Continue Reading
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News
06 Mar 2024
Post Office prosecutions during Horizon go-live phase are ‘frightening’
The Post Office used subpostmasters as guinea pigs to test its software and take the rap for its errors Continue Reading
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Opinion
05 Mar 2024
How Southeast Asia’s largest bank is riding the AI wave
DBS has scaled its AI capabilities across all parts of its business to deliver tangible outcomes and productivity gains Continue Reading
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News
04 Mar 2024
Perverting course of justice and contempt of Parliament: a week in post-drama Post Office scandal
As another week in the post-drama Post Office scandal passes, Computer Weekly looks at some of the key moments Continue Reading
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News
01 Mar 2024
IT leaders focus on enterprise software to drive cost savings
ERP and supply chain software are among the big-ticket investment areas in 2024, and managing these projects is a top priority Continue Reading
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News
01 Mar 2024
KC names Post Office staff he believes conspired to pervert the course of justice
Leading KC names Post Office staff he believes perverted the course of justice when crushing subpostmasters in court Continue Reading
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News
01 Mar 2024
MPs demand Fujitsu be ‘nailed down’ on financial promise to Post Office scandal victims
Select committee hears that government is talking to Fujitsu about its contribution towards the costs of the Horizon scandal but it is not yet negotiating Continue Reading
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News
29 Feb 2024
Post Office CEO’s claim to be ‘working hard’ on Capture investigation in doubt
The Post Office hasn’t even contacted Capture Software users brought to its attention, but CEO claimed, under oath, that the organisation has been ‘working hard’ on the cases for five weeks Continue Reading
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News
28 Feb 2024
‘Pathetic’ Post Office spat detracts attention and fuels ‘disdain’ for authority
Former Post Office chair’s row with the government and Post Office cannot be allowed to deflect attention away from achieving justice and recompense for former subpostmasters Continue Reading
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News
27 Feb 2024
Government should face legal deadlines on paying Post Office victims
The government should face a legal deadline on paying Horizon scandal victims and unfair previous settlements should be reopened, MPs have been told - amid further boardroom controversy at the Post Office Continue Reading
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News
26 Feb 2024
Government won’t rush to include Post Office Capture convictions in overturning legislation
The government said it does not yet have the 'right body of evidence' to include users of the Post Office's Capture software in Horizon compensation schemes and legislation to overturn convictions Continue Reading
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News
22 Feb 2024
Stannah looks to enterprise cloud software to lift IT systems
Major project the keystone of new IT strategy to modernise systems and support growth Continue Reading
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News
21 Feb 2024
How Indian fintechs can address compliance issues
Fintechs will need to bolster their know-your-customer practices and establish self-regulatory mechanisms, among other measures, to address compliance issues that have come under the spotlight Continue Reading
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News
19 Feb 2024
Controversial Post Office Capture system was developed in-house
Second controversial Post Office system was the work of developers in its own IT operation Continue Reading
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News
13 Feb 2024
How DBS is industrialising AI across its business
Southeast Asia’s biggest lender is building a strong data foundation and upskilling employees on data and artificial intelligence to realise its vision of becoming an AI-fuelled bank Continue Reading
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News
06 Feb 2024
Post Office scandal: Phase four’s rogues’ gallery
Phase four of the public inquiry into the Post Office Horizon IT scandal revealed ‘a parade of liars, bullies, amnesiacs and arrogant individuals’ that made up the teams investigating and prosecuting subpostmasters Continue Reading
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News
02 Feb 2024
‘People are now listening,' Post Office inquiry told as latest phase ends
The latest phase of the public inquiry into the widest miscarriage of justice in modern UK history – the Post Office Horizon IT scandal – closes with a bang Continue Reading
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News
30 Jan 2024
Oracle to fine-tune AI for the enterprise
Oracle AI developments aim to blend enterprise data and LLMs across its technology stack and SaaS portfolio Continue Reading
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News
30 Jan 2024
Pre-Horizon users contacting lawyers as more Post Office IT horror stories emerge
Lawyer says there is no reason to believe the Post Office treated unexplained shortfalls on systems prior to Horizon any differently to the way it dealt with unexplained Horizon shortfalls Continue Reading
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News
26 Jan 2024
Lawyers carry on Post Office appeals amid uncertainty over government plan to overturn en masse
Lawyers supporting former subpostmasters said they will continue appealing convictions as normal despite government plan to exonerate hundreds in one go Continue Reading
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News
26 Jan 2024
Expert IT witness outsmarted an ‘aggressive’ Post Office to get to truth after inspection ‘madness’
The Post Office’s attempts to protect the Horizon system are well known, in light of the public inquiry and a recent TV drama, but Computer Weekly can reveal how an IT expert was treated during his investigation of Horizon Continue Reading
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News
24 Jan 2024
Committee chair asks minister to back ‘Mr Bates clause’ in Post Office compensation legislation
Select committee chair wants guarantees on financial redress for subpostmasters that suffered in the Horizon scandal Continue Reading
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News
18 Jan 2024
More than 900 subpostmaster convictions wouldn’t have happened without Post Office-backed law change
IT expert says it cannot be the case that computer evidence is treated as accurate in court, without investigation into surrounding circumstances Continue Reading
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Opinion
17 Jan 2024
Paula Vennells fails to practice what she preaches in Post Office scandal
Reverend Richard Coles tells Computer Weekly how a recent ITV drama ‘moved and enraged’ a public that had missed the unfolding of the biggest miscarriage of justice in modern history, in front of their noses Continue Reading
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News
16 Jan 2024
Fujitsu ‘morally obliged’ to contribute to subpostmaster financial redress amid ‘insane’ delays
Fujitsu has apologised for its role on the Post Office scandal and said it is ‘morally obliged’ to contribute to the financial redress of victims Continue Reading
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E-Zine
16 Jan 2024
All eyes are on the Post Office scandal – at last
In this week’s Computer Weekly, 15 years since we first revealed the plight of subpostmasters, and four years since their High Court victory, the UK public and government are getting behind the victims, thanks to a TV dramatisation of the scandal. We look at government plans to quash convictions, and analyse the role of Horizon IT supplier Fujitsu in how the Post Office scandal developed. Read the issue now. Continue Reading
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News
15 Jan 2024
Santander bank added 4,500 tech staff last year
Santander added thousands of IT staff to its global operation last year, as part of its digital transformation Continue Reading
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News
12 Jan 2024
Post Office scandal inquiry hits mainstream after dramatic start to year
Long-running statutory public inquiry restarts with hugely increased interest following ITV’s dramatisation of the two decades-long scandal Continue Reading
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News
11 Jan 2024
Fujitsu UK employees working for HMRC to strike during self-assessment tax period over pay
Hundreds of Fujitsu UK staff working for HMRC are set to strike later this month over a pay rise dispute Continue Reading
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News
09 Jan 2024
Former Post Office CEO hands back CBE amid public backlash
Former Post Office CEO hands back her CBE after public backlash following dramatisation of her role in Post Office Horizon scandal Continue Reading
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Opinion
09 Jan 2024
Trauma and fear means victims of the Post Office scandal are suffering in silence
Just like victims of child abuse, it is likely that issues of trauma, fear, feelings of shame and a complete loss of trust in authority are some of the powerful inhibitors preventing victims of the Post Office scandal from coming forward Continue Reading
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News
08 Jan 2024
Post Office scandal furore is moment to change digital evidence rules
The current rules around digital evidence are partly to blame for the widest miscarriage of justice in UK history Continue Reading
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News
07 Jan 2024
Metropolitan Police launches second criminal investigation in Post Office scandal
New investigation will examine potential crimes by the Post Office in its recovery of money from subpostmasters accused of theft and false accounting Continue Reading
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News
05 Jan 2024
Information Commissioner questions DWP plan to monitor bank accounts of benefit claimants
The Information Commissioner has warned that legislation to give new powers to the Department of Work and Pensions to check bank accounts of benefit claimants for indications of fraud lacks appropriate safeguards Continue Reading
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News
27 Dec 2023
Top 10 business applications stories of 2023
Generative AI has become unavoidable for business applications suppliers. C-level executives offer insights here, while the fundamentals of user enterprise software strategy remain visible beneath the AI froth Continue Reading
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News
22 Dec 2023
Top 10 financial services and fintech stories of 2023
Generative AI is the buzzword on every financial services IT professional’s lips as the technology promises to accelerate the ongoing fintech revolution Continue Reading
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News
20 Dec 2023
Post Office gets government handout as Horizon replacement costs increase ‘significantly’
The increasing costs associated with replacing the Post Office’s controversial IT system have forced the government to hand it over £100m extra Continue Reading
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News
20 Dec 2023
'No hiding place' for those responsible for Post Office Horizon scandal
MPs want individuals to be held to account for their roles in causing the Post Office Horizon scandal, which destroyed thousands of lives Continue Reading
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News
14 Dec 2023
Current Post Office executive in denial of Horizon cover-up
Executives at the Post Office today are still in denial of the part they played in destroying the lives of thousands of people Continue Reading