Gramm-Leach-Bliley is the most significant piece of banking legislation in more than six decades. As companies seek to affiliate and cross-market business lines through the financial holding company structure, they will be able to take new risks and gravitate toward non-traditional service platforms such as the Internet. At the same time, financial services companies must maintain safety and soundness and protect the privacy of their customers. Information technology professionals will find opportunities in enhancing the compatibility of multiple systems, improving access to information while adding context, creating better delivery platforms and ensuring the security of financial services networks.
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