Systems to Satisfy Regulators
Raconteur Financial Services Technology 2015 report: Systems to Satisfy Regulators
According to the latest annual banking survey conducted by Swiss-based systems house Temenos, 53% of the respondents believed that regulatory pressure would force banks to update their older computer systems. A quarter of those bankers cited regulation as the biggest challenge they face.
In this special report in The Sunday Times Raconteur, Lee Meyrick, our Director of Information Management states that technology matters much to regulators because “it allows them to have a lot more confidence that what they are getting is right for their inquiry”.
Read the article to learn how technology is playing an ever-increasing role in regulatory compliance amongst financial services.