Mr Welteke offers some thoughts on the euro/yen/dollar: managing a tripolar world  Speech delivered by Mr Ernst Welteke, President of the Deutsche Bundesbank, at the Annual Meeting 2000 of the World Economic Forum in Davos on 28 January 2000.
Of course, new technology is also subject to many of the traditional risks banks have managed in the past with more-traditional consumer services, and implementation of new technology should be driven by banks’ business strategies and customer needs. Ultimately, banks remain responsible for conducting due diligence and understanding the risks faced by their organization.