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In cases where bank's don't have the bandwidth themselves to solution a particular connectivity issue, is looking beyond the Big Four a better answer? At Aptonomy we pride ourselves in solutions delivery, getting consistent data through to the points of decision-making with deep expertise and lived experience. Imagine that. Contact us at hello@aptonomy.io to see how we can help you achieve change that takes your business beyond ordinary...

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Risk | Credit | Collateral | Capital | Liquidity | Financial Resource Management | ISDA documentation | Contingent Liabilities | Business and Regulatory Transformation

Insightful article from Stephen Gandel and Ortenca Aliaj at the Financial Times, but is a key issue in banking not simply the case of finding the right expertise and talent? 1) Without the right bandwidth themselves, banks should be demanding more in the way of expertise from consultants, in lieu of the ‘all-rounder’ model 2) The Big Four need to have a stronger focus on recruiting and rewarding people with deeper banking knowledge and experience 3) The regulators should better scrutinise the talent being brought in to fix problems and encourage a bigger ecosystem of experience beyond the Big Four (to avoid oligopoly adding to the list of issues)

How Citi’s error-riddled loan reports led to a $136mn fine

How Citi’s error-riddled loan reports led to a $136mn fine

ft.com

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