Failure to meet the ever growing number of rules and regulations places banks in a precarious position. However, potential fines and remedial actions that result from non-compliance are only part of the risk. Financial institutions also face significant business consequences if they fail to take the necessary steps to meet regulations.
The alignment of finance, risk and treasury operations within banks is an increasingly important method of managing these risks. This white paper discusses the technology options available and how these can be employed effectively to reduce the pressures of new regulation within financial institutions.