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Agility vs transparency: a false fight

For the past 30 years, banks have faced a trade-off between agility and transparency. David Rowe argues this choice was the unavoidable outcome of twentieth century technology and can now be overcome, although doing so will be neither quick nor easy

david-rowe
David Rowe

Many people looking at the fragmented and dysfunctional state of the banking industry's information systems are tempted to ask, "How could this possibly have happened?". In retrospect, the forces that brought it about are fairly clear. It was the consequence of competitive pressures, combined with an extended period of symbiotic interaction between innovations in both information technology and

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