"Having the Right Technology in Place is a Critical Obligation for Barclays"

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"Having the Right Technology in Place is a Critical Obligation for Barclays"

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Thursday, November 10, 2016 - 11:10am

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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.

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