Nick Leeson: Integrated IT could have prevented Barings Bank collapse
Integrated IT systems could have prevented the collapse of Barings Bank, says Nick Leeson, the trader who hid \xa3826m in losses that led to the bank\u2019s demise in 1995. \n\nComputer Weekly\u2019s Warwick Ashford asked Leeson at a media briefing during RSA Conference 2009 why most financial organisations still lack such systems. \n\nLeeson describes the IT systems at Barings as \u201cmishmash\u201d as he answers this and other IT-related questions about how he was able to hide his losses for so long.