Waters Wrap: Will privacy-enhancing tech for the back office fall flat?
Anthony says that banks should be more concerned with cleaning up the technical debt accumulated in the back office, rather than dumping money into bleeding-edge technologies.
When it comes to innovation, how does one recognize the difference between a hammer-looking-for-a-nail “solution” and something revolutionary? That’s a question that likely many a back-office professional has asked themselves in recent years. (And if they haven’t, I’ll use the question as a writing device, anyway.)
Of course, there’s distributed ledger technology. Five years ago, it was like when Lyle Lanley came to Springfield on the Simpsons—“MONORAIL!”, except it was, “BLOCKCHAIN!”. (Does
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