Norse god Heimdall joins ECB - as gatekeeper software


FILE PHOTO: A symphony of light consisting of bars, lines and circles in blue and yellow, the colours of the European Union, illuminates the south facade of the European Central Bank (ECB) headquarters in Frankfurt, Germany, December 30, 2021. REUTERS/Wolfgang Rattay

FRANKFURT (Reuters) - The European Central Bank has launched a software tool named after a god in Norse mythology to help it screen candidates for top banking jobs, ECB supervisor Elizabeth McCaul said on Wednesday.

Heimdall - which bears the name of the sentinel god who guards the stronghold of Asgard and appears as a character in a series of Marvel movies - will analyse the documents that banks submit to the ECB for its fit-and-proper checks of prospective board members and key staff.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Direxion launches new leveraged ETFs tied to Palantir, Berkshire Hathaway
Google puts AI agents at the center of Gemini update
US Supreme Court tosses case involving securities fraud suit against Nvidia
Google defeats UK privacy lawsuit over medical data deal
Apple working with Broadcom to develop AI chip, the Information reports
Italy to focus impact of web tax on big tech, shielding small firms
UK PM Starmer to meet Apple CEO to discuss investment
GM's Cruise exit turns focus on challenges of scaling robotaxis
Apple adds ChatGPT to iPhone in latest iOS update
Krispy Kreme says cybersecurity incident is impacting online orders in US

Others Also Read