Only 15% of financial institutions have management information resources in place
Only 15% of global financial institutions have enough resources and personnel assigned to their risk management information (MI) programmes, according to research released by independent think-tank JWG. One reason might be a lack of clarity regarding regulatory requirements.
"One of our big findings is that people don't quite know how to approach getting from where they are today to where they need to be," says JWG chief executive PJ Di Giammarino, based in London. "It's such a big jump it's
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