Chartis: Financial institutions hike risk technology spending to $32bn

For more than five years, financial institutions have been living with the consequences of the financial crisis. The crisis vaulted risk management and regulatory compliance to the head of firm’s priorities and their importance has only grown as the post-crisis environment has coalesced.

To adapt to this new environment, the expansion of the role of risk technology has been vital. Financial institutions have spent heavily to satisfy regulators and to strengthen their defenses.  Despite

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