A call for an open platform for risk and compliance

 

Last week I spoke at an event in New York, where a joint initiative between Hortonworks and Eikos Partners was announced. Having built a number of risk solutions over the years it has become quite apparent that we build the same things over and over again, each time typically from scratch, spending many man hours repeating what has gone before. There has to be a better way to do this, especially in the light that many of our clients and prospective clients all have the same end goals in mind, i.e. compyling with rules set by the regulatory authorities. We need to be able to move from a combative to collaborative relationship with the regulatory authorities and stop chasing our tails.

Open source technology for financial applications

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