As Regulatory Reporting Demands Increase, Agility is Key, Say Panelists

At Waters USA 2015, panelists discussed how technology can help to address regulatory requirements and also shared their views on IT costs associated with compliance.

From left to right: Neil Palmer, SunGard; Viktor Grinberg, Deutsche Bank; and Gerald Le Donne, Credit Suisse.

Regulatory reporting demands aren't going away anytime soon. This is hardly a novel assumption. But even in the face of Dodd-Frank requirements and demands stemming from the implementation of Mifid II, much less mandates like Solvency II, Form PF, BCBS 239 or a host of other rules, banks and asset managers are still struggling with how to handle their data.

Panelists at this year's Waters USA conference noted that with each change in regulation, data systems should be able to adapt to new mandat

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