SS&C Technologies - Thu, 04/27/2023 - 13:38

Sobering Lessons from SVB: Manage Financial Risk Beyond Compliance

The Silicon Valley Bank collapse may be an isolated event… but it’s a cautionary tale.

The news of a bank collapse alwayssends shockwaves through the financial world, stirring up contagion concerns and triggering memories of the Global Financial Crisis (GFC) that reshaped the banking industry in 2008. While the collapse of Silicon Valley Bank (SVB) may seem like an isolated event caused by unique circumstances, it serves as a wake-up call for the entire banking sector.

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