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Toby Bryans wrote a new blog post titled The Rise of RegTech
This article was originally published at Corporate Compliance Insights and is reproduced here with permission   ...and the Impact on Compliance   Systemic risk in financial institutions was a big factor in the last financial crash. Market participants are inter- (and often intra-) connected in an unprecedented way, so no one knew their true risk position. This, combined with poor control of data – use of Excel for recording was rife in the industry – and poorly integrated legacy IT systems meant that there was no single or true view of risk. Regulators clearly...
231 days ago,(2017/02/06)