Is complexity to blame?

AIG’s complexity blamed for fall: “The complexity and international spread of AIG’s operations impeded regulatory oversight of the derivatives unit that helped bring down the insurer, according to former executives, analysts and regulators.” (FT report)

Hmm, complexity? Maybe they should have invested in a product such as Datawatch’s Monarch software which is designed to transform report output files and other data sources into live data on your PC. Currently it is used by around 500,000 professionals worldwide and now on its 9th version.