The Bank of England highlighted the risks associated with Brexit and key among them was the uncertainty around how this will impact financial markets.
This is a great example of just how quickly things can change in the business world and raises further questions around how this will affect regulation requirements in an already highly regulated industry.
Financial institutions need technology that is agile and adaptable enough to be able to cope with these wholesale changes. One thing is for certain though, the rate of change is not likely to decrease in future, in fact it's likely to increase, the only thing organisations can affect is their own ability to cope and thrive amidst that change.
The Bank of England's Financial Policy Committee says that the outlook for financial stability has deteriorated since November. The committee said "the most significant" domestic risks to financial stability were connected to the referendum on EU membership. It referred to risks of a period of "heightened and prolonged uncertainty". It doesn't say explicitly that it has in mind the period after a vote in favour of leaving the EU. But that is the most likely scenario the Financial Policy Committee (FPC) is referring too.