Growing integration for IT and business functions
NEW YORK – US regulators’ focus on comprehensive information technology (IT) governance has brought about integration between the technology and business functions of financial institutions, according to financial technology managers.
At the Sixth Annual Conference on Technology for Securities Operations held in New York in mid-April, and organised by the Securities Forum, participants said the drive to integrate IT and business is necessary for a holistic understanding of operational risks.
"Regulators are coming in with requirements we never heard before. Now, they want to know how you arrive at decisions to embark on certain
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