IT op risk being outsourced

Management

Many web hosting vendors are reporting a trend in which financial institutions are moving away from managing critical IT infrastructure to using on-demand software delivered through ASPs.

The need for ASPs has evolved from the increasing costs of specialised software that have exceeded the price range of small to medium-sized businesses. Also, the growing complexities of software have led to huge costs in distributing the software to end-users.

Through ASPs, the complexities and costs of such

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Investment banks: the future of risk control

This Risk.net 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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