Banks turn to data detectives to root out rogues

Financial institutions are overhauling how they collect and analyse data in an effort to combat and prevent rogue traders.
Changing budgets and responsibilities within the banks reflect the increasing importance placed on data analysis and compliance.
Changing budgets and responsibilities within the banks reflect the increasing importance placed on data analysis and compliance.
August 21, 2013

Banks are increasingly rooting out rogue traders such as JP Morgan’s ‘London whale’ and avoiding foul-ups such as Standard Chartered’s breach of US sanctions against Iran by overhauling how they collect and analyse data.

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