The Department of Treasury issued a document asking all banks, insurers, and financial services companies to implement new information technology systems to provide "real-time" data all of their operations to be able to monitor them more accurately.
These new technologies would force all of the companies involved to spend a good deal of money on new technology, but would hopefully be able to prevent issues like the sub-prime mortgage crisis or at least better prepare us for it. The exact dashboard that they are referring to is not named in the article.
This new technology would clearly not fix the current problems but I do believe for these companies to adopt new technologies that are even believed to be able to help us see these types of situation's coming then it makes perfect sense for them to take that money and invest it in this technology. The article mentioned it would almost "instantaneously" make them aware if any issues were going to come up. Although I do not believe this technology is the solution to all of the problems it is a step in the right direction.
http://web.ebscohost.com.proxyau.wrlc.org/ehost/pdf?vid=11&hid=16&sid=c848d53f-b4b6-44ac-97c4-a7ed49a90c70%40SRCSM2
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