No industry concensus on op risk spending for 2004
TECHNOLOGY
Massachusetts -- Spending on operational risk management software looks set to grow in 2004 compared with last year, but will not reach its peak for another year or two. For anti-money laundering, technology investment will fall in the US this year compared with 2003 as institutions meet the requirements of the USA Patriot Act, but investment will grow globally. Meanwhile, spending on business continuity planning is likely to continue to rise and fall as the industry responds to new crises.
These
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