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My loyal readers will notice that my posting has been decidedly limited of late. I’ve created several articles around the subject of financial services, as this is a field I am currently involved in and have always been interested in. But today I thought I’d be a bit more personal. After all, you are hardly going to get to know me if all I do is put stuff out there that talks at you rather than to you. So let me start with a look at what I’ve been doing since before the big crash happened. It will, I hope, give you a better idea about what I’ve become and why.
Today’s quick-paced, information-rich businesses are full of data that can be classified, collected, tracked, stored, archived, and potentially located. No successful business can hide from the need for accurate business records management. Across the industry, organisations are searching for tools to help them achieve corporate compliance. But despite existing in the new era of cloud computing and ever evolving technology, many organisations remain dependant on a 20th century, manual process when it comes to records managements.
Counterparty credit risk remains a multi-faceted problem and over the past few years institutions have had to approach it in stages. Since it is such a complex issue to address institutions are increasingly looking to vendors for solutions. The issues of massive data management, scalable technology infrastructure and advanced credit analytics have been looked at ad infinitum, however the recent crisis has brought a renewed focus to the subject and increasingly vendors are leading the way with innovation and best practice.
