Survey: Greater portion of software budgets directed at compliance

04/23/2013 | AmericanBanker.com (free registration)

Concerns about the Dodd-Frank Act and other regulatory changes are prompting financial services companies to direct a bigger share of their software budgets to regulatory compliance, finds a survey by SAI Global Compliance. Last year, 55% of companies surveyed said they would increase their compliance budgets, compared with 58% this year.

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