Content area
Full Text
Santander optimizes capital distribution
WHILE MANY BANKERS ARE APT to debate where "build versus buy" technology strategies make the most sense, those with responsibilities for measuring enterprisewide market and credit risk are finding the best solution lies somewhere in between-where banks build on a technology provided by a company with proven expertise.
Officials of Madrid-based Santander Investments say they found such a partner in Mountain View, CA-based Infinity Financial Technology, Inc., whose data model and tool set gave Santander the jumpstart in building an integrated market and credit risk measurement system. "We figured that if we could buy an intelligent set of tools and a good design for data models, the build decision wasn't such a high...