
Integrated IT systems could have prevented the collapse of
Barings Bank, says Nick Leeson, the trader who hid £826m in losses
that led to the bank’s demise in 1995.
Computer Weekly’s Warwick Ashford asked Leeson at a media
briefing during RSA Conference 2009 why most financial
organisations still lack such systems.
Leeson describes the IT systems at Barings as "mishmash" as he
answers this and other IT-related questions about how he was able
to hide his losses for so long.