A lot of the impetus behind investment banks' interest in these types of products stems from the need to be able to demonstrate to regulators that they are doin

A lot of the impetus behind investment banks' interest in these types of products stems from the need to be able to demonstrate to regulators that they are doing something about past failings. Software is attractive because if you have a "system" to manage these risks, it means you don't have to hire (expensive) staff. The problem I'm seeing is that the industry is so complex that software companies often don't fully understand the problems that financial services companies need to solve, so the solutions they're producing come up short. I reckon it's going to be a couple more years before these solutions evolve/develop to the point where they start delivering on their promise.