Nick Leeson, Toshihide Iguchi, Jérôme Kerviel, Kweku Adoboli - these are not random names - but instead names that still send shivers up the spines of many an investment banking CRO and shareholder board. Between them, these men are credited with losing up to $9.5 billion and taking down at least one bank.
With faith in the banking sector at an all time low, business analytics empowers you to make fact-based decisions about strategy and operations; optimising and transforming your business to strike the perfect balance.
Christoph Jelliffe, capital markets lead for SAS UK, spoke to Finextra about the changes banks need in their risk management culture, the importance of data quality to inform risk management decisions, the increased focus on liquidity and counterparty risk, and the reporting responsibilities banks can expect under new regulatory regimes.