Mashups take root
The financial crisis revealed many banks did not have a complete view of risk across all parts of their business. Could 'mashups' allow banks to bridge gaps by pulling together data from multiple sources? By Donna Haws
The financial crisis revealed that many banks failed to pull together information across their various activities. Risk was managed at the business line level, meaning boards of directors at many firms had an incomplete view of the aggregate risks they faced - a fault that had serious consequences for many institutions. At those firms worst affected by the crisis, senior managers often did not promptly discuss risk exposures with the board in light of changing market conditions, with some
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