Helen Johnson, head of business development at MYRIAD Group Technologies, discusses the immense challenges associated with initiating an in-house build in today’s market
Rupert Booth of MYRIAD Group Technologies discusses the importance of organised network management data and how it supports and informs the business
Simon Shepherd, CEO of MYRIAD Group Technologies, discusses the themes hidden within the big talking points of 2020
As grace periods come to an end and legacy systems are found wanting under the weight of regulatory scrutiny, the pressure will grow to come up with sound, persistent solutions that greatly diminish the threat of crippling fines and levies. Simon Shepherd of MYRIAD reports
It was clear from what followed the financial crisis in 2008 that no one really knew what was going on, although many were prepared to speculate about the eventual outcome.
Recently, a large client of ours mentioned that the MYRIAD platform is now a major part of its ‘living will’ planning and that without the platform, putting in place a coherent resolution plan, should the bank in question get into difficulty, would have been much harder.
The ability of regulatory reform to increase market stability, enhance transparency and reduce risk will be partly dependent on the efficient processing and allocation of collateral. The industry’s ability to meet this challenge, however, rests upon cross-border collaboration and development of industry-wide solutions.
Risk management is now a part of the daily lexicon of the network manager, no matter how senior or junior. The move towards more comprehensive, integrated frameworks for risk management has to be welcomed, providing of course that the benefits outweigh the costs and that, once implemented, risk management frameworks are genuinely fit-for-purpose. The jury is probably out on both counts.