"Having the Right Technology in Place is a Critical Obligation for Barclays"
Nov 10, 2016 11:10 AM ET
The bank’s Group Chief Executive, Jes Staley, looked at the vital relationship between banking and technology in a speech at the Barclays Digital Conference 2016.
In many ways, Barclays is a technology company with a balance sheet and regulators. Roughly 30% of the GDP of the United Kingdom goes through our payments system every day. So having the right technology in place is a critical obligation that Barclays has towards the United Kingdom. Our back office system has to function if the nation’s economy is to function.
