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The Banker Database Interactive Banking Reports & Global Form

The Banker Database Interactive Banking Reports & Global Form

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[Music] regulations here to stay the data challenges that have been going to be thrown at us are only going to get worse so let's take a strategic approach [Music] welcome back to the bankers masterclass series entitled data deluge asset or liability in association with Gresham Technologies I'm joy McKnight deputy and technology editor at the banker and I'm joined by Ian Manoa CEO of Gresham which specializes in providing real-time transaction control in Chapter two of this four part video series will discuss how banks can better cope with regulatory and compliance challenges Ian thanks so much for joining us today how is the regulatory and compliance environment really driving up costs for banks but also reducing their profit margins well your writer certainly is recent surveys that I saw indicate that as a percentage of revenue spent on compliance related matters banks are heading into an environment by 2020 of spending nearly double digit so the percentage of

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