IT Lowdown on Increased Spending
Compliance
P. J. Di Giammarino, CEO of London-based think tank JWG-IT, says the rogue trading incident at Société Générale-which cost the French investment bank $7.2 billion-proves that the industry should re-evaluate the extent to which "human eyeballs" can manage the complexity and spot compliance issues.
"If the infrastructure is not up to it then of course you have to throw people at it, but the good compliance performing company of the future should aspire to have a lot more of its management
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