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Next to pure technical suspects like product architecture, a well-executed technology due diligence should include product management, organization and processes as the core areas. Operational debt is as serious as tech debt. Additional Q&A with Mart Lumeste: Q: How Do You Uncover and Evaluate the Extent of Technical Debt?
Cardholder A cardholder is an authorised user of a payment card, such as a MasterCard or Visa, issued by a financialinstitution. Issuer An issuer is a financial organisation, such as a bank, that provides payment cards to cardholders. Issuers are responsible for managing the debt incurred by the cardholder.
With the levels of government debt exploding, the need for efficient financial markets and operational efficiency is clearly at the forefront of regulator minds, globally. The ability of the post-trade architecture to keep pace with this growth will be challenged. Third is the need for scalability.
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