Bank Examiners: Mapping of Credit, Liquidity, Market to Operational Risk

The Challenge

  • As an examiners give significant weight to the quality of risk management practices and internal controls during their evaluation, failure to establish a risk management structure is considered unsafe and unsound conduct. It becomes increasingly difficult, when financial institutions are tasked with maintaining volumes of data and keeping levels of consistency between, liquidity, credit market and operational risk. Further, it gets even harder when a financial intuition is servicing multiple financial products. Hence subject to even more increase in Regulatory requirements and scrutiny.
  • Decisions are made at the asset or portfolio level by various risk functions credit, liquidity, market and operational risk function in silos using different tools and platforms exposing the company to increased risk and impacting their customers negatively.

The Solutions

  • With innovation in technology, now organizations can configure and implement an Enterprise Risk Management platform that leverages artificial intelligence which can take Financial Risk (credit, liquidity, market, pricing risk) data feeds and generate concepts that can then be mapped to regulations, operational risk and even internal controls providing visibility in an analytics dashboards and reporting the examiners and above all to make timely and intelligent decisions with audit trails.
  • Most of the examiners and even chief risk officers are not even aware if such a technology exists that can create relationships between various risk data at an asset level and make decisions that will not violate regulations. Yes, it does and it can be Nirvana for both examiners and chief risk officers

We offer the following Solutions:

Value

  • Technology and automation can be used to enhance risk management processes and enable the organization to go beyond compliance and safe guard the safety of consumers.

As the industry is transforming, examiners, banking and financial institutions need to be aware of innovative technology that enables organizations with integrated risk management capability