by Kristin Moyer | October 9, 2008 | Comments Off
Rick DeLotto here. Banks need someone senior standing watch 24×7. Events are moving too fast and the stakes are too high for bank leaders to be surprised by events – or worse – by a TV crew outside of their door before breakfast. It is time to set a watch, and have qualified staff monitoring [...]
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Category: Uncategorized Tags: banking and investment services, financial crisis, real-time notification, risk management, silent bank run
by Kristin Moyer | October 8, 2008 | 2 Comments
David Furlonger here. Incidents in Asia highlight the reach of the credit crisis on otherwise comparatively protected markets. They also indicate that the consumerization of IT has led to real-time influence over bank viability. Recently a rumor in Malaysia spread that suggested depositor protection was available up to only Rng 60,000. This lead to a [...]
Category: Uncategorized Tags: banking and investment services, consumerization of it, financial crisis, IT, liquidity, silent bank run
