The time needed to find out the root cause and be operational once again within a period of two hours can be a great challenge; the operational impact would be that it may cause financial market disruption. This also raises questions relating to the definition of RTO in cases where the data/system integrity is lost. Way forward 31.
There are exciting times ahead of us! Let me just flag a few areas which have the potential to create efficiencies and values in the long run. Today, banks have that rare opportunity to reinvent themselves again – with data and analytics. Major decisions to drive revenue, to control costs, or to mitigate risks can be infused with data and analytics.