Toby Crick quoted in Lexis Nexis about the House of Commons report on IT failures in financial services

“Reliable, scalable technology” should be “placed at the heart of the business (rather than being seen as a cost to be cut)”


On 28 October the House of Commons Treasury Committee published a report on IT failures in financial services, recommending regulators maintain a low tolerance for service disruption, tackle the rising numbers of IT failures and monitor for the risk of concentration. Toby Crick commented on the report explaining what the current regulations are and how regulatory threats could have an impact. You can read the whole article (behind paywall) on LexisNexis News.

Toby Crick


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