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Financial Crisis

In the last ten years since the financial crash, banks have spent hundreds of billions globally to recover from the crisis, with “run the bank” costs and IT spend, and keeping up with an ever-changing regulatory regime that has developed since, with an average of 200 revisions a day to regulatory requirements. Now, after ten years, there has been a shift where banks are finally able to move past recovery and stabilization and start investing in “change the bank” initiatives for the first time in a decade. Many drivers of these changes and innovations have been directly derived from the crash that happened 10 years prior.

Financial Crisis

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