Toby Bryans's Blog
February 6, 2017
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...