55% of financial institutions to invest in real time risk tech, says Alteri
• Over 70% of respondents said their firm has a need to manage risk in real-time
• 55% of respondents took initiatives immediately following the financial crisis to better protect themselves from future volatility and unexpected market events
• Only 26% of hedge funds feel they have the appropriate technology to manage risk in real-time, versus 50% of banks
• Of those that said they had reined in IT spending, banks and hedge funds made the most severe cuts, slashing 20% and 27%Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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