Those who cannot afford an amped up risk infrastructure will outsource it, which he says is dangerous.
"I agree that you need to have the best risk analytics possible, but if you don't know what to do with it, it doesn't matter," says Lazard Asset Management CRO Yury Dubrovsky. "You can pay zero or $5 million—it's useless. If the culture of the company is not to absorb that information and do something with it, it's a waste. It requires a cultural shift within the firm."
Contrary to a more optim
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails