(Bloomberg) -- Former Barclays Plc Chief Executive Officer Antony Jenkins is looking to sell cloud-based computer systems to banks, targeting lenders mired by aging technology that’s prone to failure.

Jenkins, 55, ousted from the London-based lender last year, has opened a company named 10X Future Technologies, according to a statement on Monday. He’s working with Mark Allcock, a former technology specialist at Barclays, and Brad Goodall, who previously ran a fintech consultancy that advised Australian wealth-management firms.

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