Why fragmentation of the global data supply chain poses risks to financial services
BankUnderground
JUNE 25, 2020
First, global financial services firms maintain central hubs for storing and analysing data generated by their cross-country operations. The UK is a leading hub for data centres (eg see case study on p.15 In some cases, firms ‘insource’ these functions to intra-group entities operating in lower-cost jurisdictions. .
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