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Tech costs beat regulation, cyber as worries for financial services execs

Tech costs beat regulation, cyber as worries for financial services execs

June 15, 2015

Via: itCurated
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Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey showed on Monday.

IT costs came second only to macroeconomic concerns such as the impact of quantitative easing, according to the survey by global risk adviser Willis of senior executives at 150 banks, insurers, reinsurers, asset managers, hedge funds and financial technology companies worldwide.

 

 

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