Metlife Bank CTO Mark La Penta Talks About Holistic Risk Management

Items under the risk umbrella such as security, privacy, suitability, will no longer be treated as isolated efforts.

Given the recent disruption in mortgage markets and continued vigilance in channel access, the integration of technologies and process around overall risk management will be a key priority in 2008.

Mark La Penta, MetLife Bank

Risk management will take on an even more holistic view of integrating data needs in light of increased regulatory compliance and the addition of risk attributes into customer relationship efforts. Items under the risk umbrella -- such as security, privacy and suitability -- no longer will be treated as isolated efforts but begin to become fabric considerations for all information technology initiatives.