Report calls for streamlined risk controls

Eighty percent of bank executives believe risk management processes should be better harmonised with front office activities, says survey

Monday 5 November 2012 at 06:22

Back office processes which offer banks oversight of key activities such as trade decisions should be better streamlined with front office operations, according to a new survey of bank executives.

The report from management consultancy Celent comes as dealers look to build a more accurate picture of profitability amid shrinking revenues.