BankAmerica Corp.'s top risk management official said Tuesday that the industry should not lean too heavily on technology to identify economic and other threats.

"We need to apply a very strong dose of judgment," F. William Vandiver Jr. said at a conference sponsored by Robert Morris Associates.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.