IT architecture strategy
Obviously the banks to fully implement the new regulatory rules cost effectively, a simple approach is not sustainable response. Instead, it is essential to develop a strategy that looks at their impact on the entire lifecycle of business and commerce in order to avoid duplication and increase implementation costs.
With regulations logical choice now part and parcel of the financial services industry, banks must adapt and manage the network address of the legal initiatives as a function core activities. As part of this new way of thinking, there is an additional step that should be considered: the connection between the regulations and the bank’s IT architecture.