How to manage increased regulatory scrutiny in banking and financial institutions
Banks and Financial Institution face a challenging environment of increased regulatory scrutiny and new regulations (such as Dodd-Frank, Basel III and Solvency II), raised corporate governance expectations, complex risk management requirements and more! Navigating this complex environment can be costly, time consuming and risky...
To address these challenges, IBM Rational has created a new offering – The IBM Rational® Compliance Accelerator for Financial Services. This Accelerator was created to help our Financial Services customers balance regulatory compliance and business innovation opportunities - helping to understand the impact, streamline the planning and accelerate the execution of compliance and business initiatives.
So, what is an Accelerator? Well, simply put it is a pre-configured and tested solution to accelerate the transformation (using best practices, best-in-class tools and supported by professional services) to better meet the compliance needs of regulations. It supports incremental adoption with multiple entry-points.
What is key about the IBM Rational Compliance Accelerator is that is focuses on three main areas for compliance remediation:
The IBM Rational Compliance Accelerator for Financial Services helps financial institutions organize, understand and use sophisticated tradeoff analysis and financial modeling to plan and execute responses to changing regulations. The adoption of this IBM accelerator can help dramatically reduce the costs and risks of compliance management, while improving enterprise-wide collaboration and visibility, as well as audits and reporting.
Do you want to learn more about it? Take a look at these items for more info…