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Associated Press
30-07-2025
- Business
- Associated Press
Guidehouse Statement on U.S. AI Action Plan Calls for Trust, Innovation, and Strategic Governance
Firm urges public-private collaboration to ensure AI innovation is matched by trust, transparency, and measurable public value WASHINGTON, July 30, 2025 /PRNewswire/ -- Guidehouse, a global AI-led professional services firm delivering advisory, technology, and managed services to the commercial and government sectors, applauds the White House's release of America's AI Action Plan as a pivotal step toward securing U.S. leadership in artificial intelligence. We're at a defining moment—where the combined strength of U.S. technology, energy, government, and private industry can shape a resilient, citizen-centered AI economy. 'This isn't just about innovation,' said John Saad, Guidehouse President. 'It's about transforming how government serves the public and ensuring America's continued leadership in the global AI landscape. The plan's focus on infrastructure modernization, regulatory innovation, and global competitiveness reflects Guidehouse's mission to help clients outwit complexity and build a secure, future-ready foundation.' As organizations accelerate AI adoption, Guidehouse emphasizes that speed must be matched with safeguards. Trust, transparency, and accountability are essential to ensuring AI systems serve the public good. Deregulation should not come at the expense of trustworthy outcomes—especially in sectors where lives, livelihoods, and national security are at stake. 'Innovation and governance must move in lockstep,' said Stuart Brown, Guidehouse Technology Leader. 'Our clients—especially in regulated sectors—need AI that's not just fast and scalable, but explainable, ethical, compliant, and above all, trustworthy.' Guidehouse continues to support commercial and government clients with full-stack AI services—from procurement and compliance to continuous oversight. In line with the Action Plan's call for structured public-private collaboration, Guidehouse advocates for a national AI ecosystem that ensures systems are bias-mitigated, privacy-protected, and audit-ready before deployment in critical domains. The firm also supports the plan's recommendations to: Guidehouse is committed to helping organizations operationalize these priorities—ensuring AI delivers measurable value while protecting the public interest. We believe this is a rare convergence of public and private capability that can shape a secure, resilient, and citizen-first AI economy for generations to come. This commitment builds on Guidehouse's $1.5 billion AI investment to advance agentic AI, launch an AI Center of Excellence, and accelerate AI-readiness across clients and teams to ensure innovation scales with trust and impact. About Guidehouse Guidehouse is a global AI-led professional services firm delivering advisory, technology, and managed services to the commercial and government sectors. With an integrated business technology approach, Guidehouse drives efficiency and resilience in the healthcare, financial services, energy, infrastructure, and national security markets. Built to help clients across industries outwit complexity, the firm brings together approximately 18,000 professionals to achieve lasting impact and shape a meaningful future. Media Contact Guidehouse Cecile Fradkin [email protected] View original content to download multimedia: SOURCE Guidehouse
Yahoo
19-07-2025
- Business
- Yahoo
Banks diversify cloud portfolios to bolster resilience
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief: Banks are boosting investments in infrastructure and platform services while diversifying their cloud portfolios, according to a London Stock Exchange Group report published Monday. The firm commissioned Phase 5 to survey more than 450 banking IT leaders between November and March. Nearly 9 in 10 respondents said their organization increased cloud spend over the last two years and 82% have a hybrid cloud environment or a strategy that leverages more than one cloud provider. Cloud was integral to AI adoption for 91% of banks surveyed. 'Companies are increasingly driving meaningful value from cloud, improving operational resilience and preparing for the next wave of innovation,' Stuart Brown, group head of data and feeds at LSEG, said in the report. 'Over the next three years, that innovation will be driven by AI and machine learning, with financial institutions increasingly using cloud to power fraud detection, risk management, data analytics and generative AI.' Dive Insight: As banks evolve their cloud investment strategies, cutting IT costs has become less pressing than using the technology to drive innovation and generate revenue. Only one-third of respondents to the LSEG survey said their organization currently prioritizes immediate savings through cloud. Instead, financial firms are leaning on cloud to improve customer service today and power long-term growth, LSEG found. Banks are even willing to shoulder the added cost and complexity of a multicloud enterprise ecosystem to bolster resilience and avoid vendor lock-in, Matt Eddy, global head of real time, quant and economic data solutions at LSEG, told CIO Dive. 'We are seeing an increasing number of clients also now looking at building out parallel environments in multiple cloud providers to avoid concentration risk,' Eddy said in an email. 'This may appear overly cautious ... from a geographic resiliency perspective but with many of the more recent catastrophic failures being caused by logical or software issues, this caution appears well founded.' More than 9 in 10 respondents prioritized operational resilience when selecting a provider. The European Union's Digital Operational Resilience Act, which gave organizations operating in the region until January of this year to achieve compliance, and the General Data Protection Regulation, enacted in 2018, have also steered banking cloud strategy. Despite the resource drain of complex hybrid environments, roughly 3 in 5 firms said cloud adoption reduced IT infrastructure costs, LSEG found. Efficiency improvements in data-intensive operations, such as risk mitigation, are an area where banks report major gains. Banks are shifting risk management to cloud for processing and storage efficiencies, according to Eddy. Data privacy concerns, which have been a migration roadblock, have largely diminished, he said. More than half of respondents said their firm has seen benefits from migrating risk management, customer engagement and enterprise data workloads. Risk management operations were cloud-based for 83% of the firms surveyed. Data and compute hungry generative AI use cases are thriving in cloud, as well, according to Eddy. 'Without the hyperscale of public cloud, AI would not be cost effective for many,' Eddy said. 'We are seeing more customers looking to leverage LSEG data in cloud and at scale to build new workflows, insights and analytics that even just a few years ago would have been unheard of.' Recommended Reading Cloud waste, hyperscaler discounts shape FinOps priorities Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
14-07-2025
- Business
- Finextra
Survey suggests boom in banks' cloud adoption
The vast majority of financial services firms are accelerating their investment in cloud technology, suggests a recently released survey. 0 This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The report from London Stock Exchange Group (LSEG), which canvassed more than 450 financial services firms, shows that 87% of surveyed firms have increased cloud spending in the past two years and no longer see the technology as a way to cut costs but also as a way to increase agility and innovation, according to LSEG. More specifically, this spending has focused primarily on strategic outcomes such as scalability, revenue growth and AI enablement. A similar number (82%) now operate on a multi-cloud or hybrid-cloud strategy, which suggests a "shift toward flexibility and risk diversification", according to LSEG. But the study also shows there are some challenges, namely regulatory in nature - with firms having to adjust their cloud strategies in line with the EU's Digital Operational Resilience Act (DORA) and General Data Protection Regulation (GDPR). 'The results of our survey show that adopting cloud is no longer a technology or engineering led decision; it is a key business imperative," said Stuart Brown, group head of data & feeds, LSEG: "Companies are increasingly driving meaningful value from cloud, improving operational resilience, and preparing for the next wave of innovation. Over the next three years, that innovation will be driven by AI and machine learning, with financial institutions increasingly using cloud to power fraud detection, risk management, data analytics and generative AI.' A number of banks have announced major cloud deals in the last two years. LSEG has also signed some signififcant deals involving greater use of cloud technology. In April, the stock exchnage group extended its multi year cloud collaboration with AWS.
Zawya
14-07-2025
- Business
- Zawya
LSEG Global Cloud Survey: Financial services firms embrace cloud to drive competitiveness
82% use hybrid/multi-cloud 91% are advancing AI via cloud Financial services firms around the world are accelerating their adoption of cloud technologies to enhance agility, resilience, and innovation, not merely to reduce costs, according to new research conducted by LSEG (London Stock Exchange Group). The global survey of 453 financial services executives reveals that 87% of firms have increased their investment in cloud over the past two years, with a growing emphasis on strategic outcomes such as scalability, revenue growth, and AI enablement. The research shows that 82% of firms now operate with either a multi-cloud or hybrid-cloud strategy, reflecting a shift toward flexibility and risk diversification. However, this evolution is not without its challenges. 84% of respondents have had to adjust their cloud strategies in response to regulatory frameworks such as the EU's Digital Operational Resilience Act (DORA) and General Data Protection Regulation (GDPR). Stuart Brown, Group Head of Data & Feeds, LSEG: 'The results of our survey show that adopting cloud is no longer a technology or engineering led decision; it is a key business imperative. Companies are increasingly driving meaningful value from cloud, improving operational resilience, and preparing for the next wave of innovation. Over the next three years, that innovation will be driven by AI and machine learning, with financial institutions increasingly using cloud to power fraud detection, risk management, data analytics and generative AI.' Security remains a top concern. Nearly half of respondents (47%) cite the sophistication of cyberattacks as their primary worry, followed closely by concerns around data privacy and breaches. Despite this, 92% say operational resilience is a critical or very important factor when selecting a cloud provider underscoring the importance of trust and reliability in cloud partnerships. Firms are seeing tangible benefits from cloud adoption. 54% of respondents report that they have migrated and are already seeing value, particularly in areas like risk management, customer engagement, and enterprise data access. For instance, 83% of firms using cloud for risk management have already completed migration, the highest among all use cases. Interestingly, ROI is increasingly measured by strategic outcomes: 51% assess cloud success by scalability, 47% by revenue growth, and 47% by improved security and resilience. Only 34% prioritize immediate cost savings signaling a shift in how cloud value is perceived. That said, 61% of firms still report reduced IT infrastructure costs, especially in regions like EMEA and APAC, where multi-cloud strategies are more prevalent due to regulatory complexity. The survey found that 91% of firms are either already using or planning to use cloud services for AI initiatives within the next 12 months. Generative AI (60%), fraud detection (50%), and risk management (50%) are the top use cases. Moreover, 84% of respondents say their organizations are somewhat or very advanced in AI adoption, with investment firms leading the way. As firms look to the future, many are also reconsidering their cloud service models. While SaaS remains dominant today (43%), there is growing interest in Platform as a Service (PaaS) and Infrastructure as a Service (IaaS), a sign that firms may be preparing to build more bespoke applications in-house. Click (here) to view the full report. About LSEG LSEG is a leading global financial markets infrastructure and data provider, playing a vital social and economic role in the world's financial system. With our open approach, trusted expertise and global scale, we enable the sustainable growth and stability of our customers and their communities. We are dedicated partners with extensive experience, deep knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes. LSEG is headquartered in the United Kingdom, with significant operations in 65 countries across EMEA, North America, Latin America and Asia Pacific. We employ over 26,000 people globally, more than half located in Asia Pacific. LSEG's ticker symbol is LSEG. Contact Tarek Fleihan Global Communications, LSEG newsroom@
Malaysian Reserve
25-06-2025
- Business
- Malaysian Reserve
Guidehouse Launches The Tech Guide 2025
Global professional services firm publishes a roadmap for businesses and government agencies seeking to maximize AI and other critical technologies MCLEAN, Va., June 24, 2025 /PRNewswire/ — In an era when disruption is the norm, racing to adopt the latest technology isn't enough—leaders need a plan that's focused on strategy and long-term outcomes. That's a central message conveyed in The Tech Guide, a landmark report published today by Guidehouse, a global AI-led professional services firm delivering advisory, technology, and managed services to the commercial and government sectors. Designed for senior leaders in both business and government, The Tech Guide 2025: A Roadmap for Turning Urgency into Advantage is meant to empower decision-makers to translate emerging tech into real-world impact. From AI and cloud infrastructure to data platforms and cybersecurity, the Guide contains actionable insights for maximizing the potential of these core technologies, not just to boost efficiency—a priority the Guide emphasizes is now table-stakes—but to create value and lock in competitive advantage. 'At a time when the pace of change is only accelerating, the winners won't be the ones chasing the newest tools—they'll be the ones who know how to use them strategically,' said Stuart Brown, Guidehouse Technology Leader. 'The Tech Guide cuts through the chaos and delivers a clear path to smarter, faster decisions.' Unlike traditional forecast-focused tech-trend reports, The Tech Guide 2025 is a detailed practical handbook, grounded in up-to-date, real-world insights from senior Guidehouse technology leaders. It's also sector-specific: The Tech Guide gives readers downloadable AI Acceleration Frameworks—concise checklists for fast, safe AI integration for healthcare, energy providers, financial services, and government agencies. Key takeaways: AI is the starting line, not the end of the race: Real advantage comes from integrating AI solutions with resilient cloud infrastructure, robust platforms, and well-governed data to create an adaptable, ever-evolving tech model that's future-ready and fit for purpose. Speed for speed's sake is a risk: The Guide outlines how leaders can avoid common missteps that sacrifice trust and productivity in the name of fast adoption. Government agencies are poised for a big leap forward: New public-private alliances, growing investment from major tech players, and an iterative approach to AI scaling can empower public-sector entities to move at a commercial pace, safely and responsibly. The future is agentic: The Tech Guide points the way forward for tech leaders seeking to understand and leverage autonomous AI agents, which are on the cusp of fundamentally transforming workflows and operations in multiple industries. 'The Tech Guide is about helping leaders step back, refocus, and ask the bigger question—not 'what's next?' but 'what matters most?'' said Karen Odegaard, Guidehouse's AI Leader. 'It's not just about adopting faster—it's about transforming smarter.' The Tech Guide 2025 is now available for download at About Guidehouse Guidehouse is a global AI-led professional services firm delivering advisory, technology, and managed services to the commercial and government sectors. With an integrated business technology approach, Guidehouse drives efficiency and resilience in the healthcare, financial services, energy, infrastructure, and national security markets. Built to help clients across industries outwit complexity, the firm brings together approximately 18,000 professionals to achieve lasting impact and shape a meaningful future. Media Contact: GuidehouseCecile Fradkin cfradkin@
