Basel, consolidation and outsourcing

Coley Clark, head of financial services at EDS, talks about the broad issues being faced by the industry.

Coley Clark is a senior vice president at technology services company EDS and heads its Financial and Transportation Industry Group. He is also the outgoing chairman of the International Chamber of Commerce's Commission on Financial Services and Insurance. He was in Hong Kong recently to attend a meeting of the Institute of International Finance and took the time to talk to FinanceAsia.

Q. In your role as chair of the ICCs Financial services commission the new Basel accord on capital adequacy must have been something youve looked at. In your opinion what does it mean for banks in Asia.

Not just for Asian banks, but especially for the larger institutions...

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