Ovum’s Mayo: Regulatory Demands Should Bring Business Benefits

daniel-mayo
Daniel Mayo, practice leader of the financial services technology at Ovum.

"The investments that are being forced to be made on the regulatory side can be used for a direct business benefit as well as complying with the regulatory demand," Mayo says. "And regulators are encouraging that ─ it is really about bringing stability to the industry, driving competition and improving the performance of the industry as a whole."

As firms look to restructure their IT systems in order to reduce costs and comply with regulatory demands, the investments made toward streamlining

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