Banks and FinancialInstitution face a challenging environment of increased regulatory scrutiny andnew regulations (such as Dodd-Frank, Basel III and Solvency II), raised corporate governance expectations, complexrisk management requirements and more! Navigating this complex environment can be costly, time consuming andrisky...
To address these challenges,IBM Rational has created a new offering – The IBM Rational® ComplianceAccelerator for Financial Services. ThisAccelerator was created to help ourFinancial Services customers balance regulatory compliance and businessinnovation opportunities - helping to understand the impact, streamline theplanning and accelerate the execution of compliance and business initiatives.
So, what is anAccelerator? Well, simply put it is apre-configured and tested solution to accelerate the transformation (using bestpractices, best-in-class tools and supported by professional services) tobetter meet the compliance needs of regulations. It supports incremental adoption withmultiple entry-points.
What is key about the IBM RationalCompliance Accelerator is that is focuses on three main areas for complianceremediation:
- Planning for Compliance
- Collaborative Compliance Remediation
- Run-time Testing for Compliance
The IBM RationalCompliance Accelerator for Financial Services helps financial institutionsorganize, understand and use sophisticated tradeoff analysis and financialmodeling to plan and execute responses to changing regulations. The adoption ofthis IBM accelerator can help dramatically reduce the costs and risks ofcompliance management, while improving enterprise-wide collaboration andvisibility, as well as audits and reporting.
Do you want to learnmore about it? Take a look at theseitems for more info…