How Soon Is Now? Real-Time Risk Remains Elusive

John Bates, Progress Software

There was a time when a second was the smallest unit of measurement for time. But, in the context of the financial services industry, that seems a lifetime ago. Now, the industry consistently pushes the boundaries of what is technically possible in the smallest timeframe by slicing each second into hundreds, thousands or millions of parts, so it’s not surprising that certain core business processes are having to play catch-up. Risk management is a good example of this scenario, as heads of risk

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