updated website
Change-Id: I0c08896a310c440f4022f8eb26a191f7c1ac9fbe
Signed-off-by: Neil Mackenzie <neil@birdsoftwaresolutions.com>
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As the representation of rules change, the general goal of calculations will likely remain the same, particularly those that are already entrenched in a banks management and risk reporting. <br><br>
Test driven regulation supports the transition of the description of regulatory rules to new formats, in a safe manner. <br><br>
- <h3> Fixes Incentives Dichotomy</h3>
+ <h3> Fixes the Incentives Dichotomy</h3>
Regulatory and banking initiatives to simplify the vast duplication of effort that exists in regulatory reporting via open standards need the tech sector and the banking sector to collaborate.<br><br>
However, simplification , standardisation and reduction in duplication of effort in reg reporting is not always good for the regulatory tech sector.<br><br>
Test driven development allows vendors to focus on fast flexible extendible calculation engines, and in depth understanding of open datamodels. Competition in this space is good for customers (banks).<br><br>
