The stakes are "terrifyingly" high, because failure to comply with regulations can bring steep fines. Nevertheless, the industry's deepest worries are not about the fines. Rather, 52% of the SunGard survey respondents said they fear reputation damage the most, and 39% said the loss of clients is their worst nightmare.
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio