In-Memory Analytics – Get Ahead Of The Regulators

It is unsurprising that the Financial Stability Board (FSB) advised the Basel Committee on Banking Supervision to prioritise the management of operational risk in its current agenda – given the turbulence Britain’s bank saw in 2012 and already this year. The RBS IT glitch, Libor fixing and claims of PPI mis-selling, were but a few of the IT failures to hit the headlines.

Operational problems could occur across a number of business areas, due to overly complex and poorly managed processes

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