By Kerry Massaro, Wall Street & Technology Online | May 23, 2003
Business continuity planning guidelines will be largely declawed in their final form, according to the Securities and Exchange Commission, the Federal Reserve System and the Office of the Comptroller of the Currency.
Restoring confidence in American business will require better rules, improved access to information, and the stricter corporate governance provisions of the Sarbanes-Oxley Act, said regulators, policymakers and executives at a recent conference.
By Christine Barry, analyst, Celent Communications | April 14, 2003
Going forward, it will be almost impossible for a large financial institution to remain competitive without replacing its core system. That's why Celent predicts that up to half of the top 100 global banks will replace their core banking systems within the next few years.