Bank of Montreal (BMO) is looking to modernize its technology stack by investing in cloud architecture and tech talent. WHY IT MATTERS: The $805 billion bank saw a 4% year-over-year bump in expenses due to “higher employee costs and technology investments,” Tayfun Tuzun, chief financial officer at BMO, said during the bank’s fiscal fourth-quarter earnings […]
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- Source: https://bankautomationnews.com/allposts/retail/bmo-invests-in-tech-modernization/