Economic Crisis: Compliance and Security Remain Top Priorities
Market crashes, bank closures, history in the making.
Today's news is filled with troubling symptoms of the global credit crunch. Yet, despite this economic crisis, regulatory compliance and risk management remain top priorities of banking institutions.
In this exclusive interview, Nancy Atkinson, senior analyst at Aite Group LLC, a Boston-based financial services consultancy, discusses the state of the banking industry, including:
- The ramifications of economic conditions on institutions from Wall Street and Main Street;
- How banking institutions can reinforce customer confidence;
- Current spending priorities and where compliance and security fit in.