Ethical Use of Big Data in Financial Services
Author: N/A; Publisher: Institute of Chartered Accountants in England and Wales; Publication Year: N/A. The following article talks about how the boards need to lead their businesses on the “right thing to do,” both in terms of the law, their regulatory responsibilities (i.e., treating customers fairly outcomes) and ethics. When shifting towards greater use of technology, banks, insurers, and investment managers need to be pragmatic about the value of…