Returns, not rules, to drive IT investment, says survey


Research conducted between December 2003 and January 2004 by the firm shows that although regulatory compliance was important among the respondents, it was not the priority of their IT spending. The research base included the top 500 global banks. “Compliance may be a driver of increased IT spending in 2004–5, but the global banking community is looking well beyond mere compliance to the objective of immediate and additional return on investment from their IT budgets. There is a great interest

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Investment banks: the future of risk control

This survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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