banner

Tech costs beat regulation, cyber as worries for financial services execs

Written by Reuters
Photo illustration shows USB device being plugged into a laptop computer in Berlin
  • Reuters
  • 3 years ago

Photo illustration shows USB device being plugged into a laptop computer in Berlin

Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey showed on Monday.

IT costs came second only to macroeconomic concerns such as the impact of quantitative easing, according to the survey by global risk adviser Willis of senior executives at 150 banks, insurers, reinsurers, asset managers, hedge funds and financial technology companies worldwide.

 

 

Read More

0 0
Article Categories:
Infrastructure

Leave a Comment

Your email address will not be published. Required fields are marked *