Regulators v Barbarian hordes


As a franchise  Alien v Predator has obvious appeal. Unlike our title it actually sounds like a fair fight. One worth watching!

But pin-striped Barbarians atop elephants at the gates of Basel, London and Washington. How could you tell the combatants apart in hand-to-hand clashes? Well apart from the conspicuous mode of transport lack of conscience and the sharp suits. But Holly wood blockbuster? I think not…Art of War “yes”, FSA Handbook “no chance”.

Rome 

Image by Trois Têtes (TT) via Flickr

In his excellent article in this weeks Financial Times, (Barbarians at the gates of complexity) Prof John Kay, succinctly and effectively makes the point that the lessons from history are there to be learnt.

THERE IS A CONSIDERABLE BODY OF QUALITATIVE EVIDENCE TO SUGGEST THAT A “SYSTEM” CAN SUPPORT A FINITE AMOUNT OF COMPLEXITY. WITH SUITABLE DATA WE,  AT ONTONIX, ARE ABLE TO PROVIDE THE QUANTITATIVE VERIFICATION AND TO MEASURE BOTH CURRENT AND CRITICAL LEVELS WITHIN THAT SYSTEM…NOW THAT’S WHAT I CALL PROGRESS!

Please follow click these links for more Complexity Facts from Ontonix.

“…complexity breeds complexity, and is subject to diminishing  returns. Eventually the costs of increased complexity exceed the benefits” Prof John Kay

I would like to pose the question:

If the Barbarians of Financial Services have had the books but didn’t bother to read them what will be achieved by the introduction of more regulation?

Enhanced by Zemanta