I am staggered by the numbers on the cost of doing this that are bandied around. As far as I can see, the main work here is formatting data into a consistent format so that it can be uploaded to whichever platform it needs to be uploaded to. Frankly, the creation of a platform is pretty trivial stuff. It is not dramatically different to what happened with open banking in that respect; that was a question of formatting data and ensuring that it was in a consistent format. Do we have any idea of the open banking process costs so that we can compare them—and, if they are dramatically different, ask why?
Pension Schemes Bill [HL]
Proceeding contribution from
Lord Vaux of Harrowden
(Crossbench)
in the House of Lords on Monday, 2 March 2020.
It occurred during Debate on bills
and
Committee proceeding on Pension Schemes Bill [HL].
Type
Proceeding contribution
Reference
802 c237GC
Session
2019-21
Chamber / Committee
House of Lords Grand Committee
Subjects
Librarians' tools
Timestamp
2024-04-27 13:45:13 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2020-03-02/20030267000002
In Indexing
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