tag:blogger.com,1999:blog-6363661348264752814.post702988261666466633..comments2023-04-08T02:17:53.188-07:00Comments on Tech for Enterprise: Dodd-Frank ActUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6363661348264752814.post-48272850158730815032012-02-23T05:07:35.039-08:002012-02-23T05:07:35.039-08:00Dodd Frank is about Fundamental Governance Change,...Dodd Frank is about Fundamental Governance Change, by creating super regulators and changing balance of state vs. federal regulation of governance of financial markets. This would impact very many functions and the way investment banks function including risk, finance, operations, reporting, <br />OTC market clearing and settlement, collateral and others.<br /><br />Impact assessment on Technology should be underway in most of the banks, since this will be a big ticket change investment banks should look for optimising resource utilisation.<br /><br />These link provides a simplistic and detailed view Dodd-Frank Act.<br />http://www.pwc.com/us/en/financial-services/regulatory-services/publications/closer-look-series.jhtml#pub8<br />http://www.businessweek.com/magazine/doddfrank-in-one-graph-01122012-gfx.htmlVivek Jainhttps://www.blogger.com/profile/03304274662043631993noreply@blogger.com