White paper: Open source drives innovation in financial services
The shift to mobile applications driven by consumers’ expectations of ubiquitous services, combined with the use of private cloud infrastructure, is redefining the trajectory of IT investment and the competitive landscape for banks and financial services companies. Software development organisations at these institutions are faced with supporting, rationalising and consolidating applications and platforms at a time when IT needs to increase innovation and agility, drive cost efficiency and accelerate software development
Source: Risk magazine | 15 Mar 2012
Categories: Risk systems, Regulation
Topics: Software, Compliance, Cloud computing, Mobile technology
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This white paper reviews the various steps banks are taking to improve their risk management techniques.
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The global credit crisis exposed the weaknesses inherent in the risk management and IT infrastructures employed by banks.
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