Wednesday, July 13, 2011

Consumer Privacy

Financial markets and the financial services industry in general operate on some of the most sophisticated technology currently available. Technology has allowed greater transparency, lower costs, increased client access and greater efficiencies; however, with greater use of technology comes the possibility of its misuse. With the advent of the internet, information, both public and private, can be quickly collected and disseminated; information, especially accurate consumer information, is a highly prized commodity for producers as well as consumers.