More banks are seeking automated systems to stress test their institutions, rather than relying on manual processes that can be time consuming and not always cost effective. A new report by consultants with Aite Group suggests that smaller banks, those with revenues of less than $50 billion, may be more interested in simply complying with government regulations, and may not think they need a high level of stress testing automation.
FRG’s consultants know that automation offers more advantages than just speedy resolution. Our team provides a level of analytical insight that can help financial institutions plan their operational roadmap, armed with information to help them run their banks better. Contact FRG today to learn more about how we can help.
For more information on the Aite Group report, please click below.
