Source: Iris AG
Unification of financial analysis across the business is fast becoming an essential pre-requisite for efficient and profitable banking, says Dr Jurg Winter, CEO, Iris integrated risk management AG.
After a short overview on how the financial services industry in developed countries has been transformed by IT during the last 40 years, Winter explains why unification of financial analysis is not only a business-, compliance- and regulation-driven necessity but also a huge strategic investment opportunity.
The article looks at the challenges to financial services firms and the available mechanisms for implementing a unified financial analysis infrastructure.
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