by Philip Lawton | Dec 21, 2016 | Uncategorized
The Department of Labor’s fiduciary rule became effective in June with an implementation date that is now less than four months away. It is, of course, uncertain that the regulation will stay in place under the new administration. President-elect Trump has named...
by admin | Jul 1, 2015 | General
Stress testing the country’s banks provides a valuable measurement of how well the banks would perform under unfavorable conditions. In order for the tests to give the most accurate picture of potential vulnerabilities, Federal Reserve officials don’t disclose the...
by admin | Jun 19, 2015 | General
The purpose of stress testing is to evaluate a financial organization’s strength under adverse conditions. But as this Forbe’s article explains, it is not simply a matter of passing or failing. Visit the link below at Forbes.com for more about regulatory stress...
by admin | Jul 23, 2014 | General
Business schools around the country are realizing that management students with coding skills are more valuable to their future employers. According to Business Week, companies want business leaders who know enough about coding to communicate with their technical...
by admin | Mar 27, 2014 | General
Too big to fail? Or too big to manage? Some of the country’s largest banks are being asked to simplify their operations, in order to give regulators more accurate information about the risks these giants pose to the country’s financial system. It’s one of many...
by admin | Dec 6, 2013 | General
Across the entire spectrum of risk management, it is often the consensus view that risk is simply part of a regulatory requirement that banks must undertake. What many fail to see, however, is that risk is perhaps the number one determinant in profit margins and good...
by admin | Nov 7, 2013 | General
There are many ongoing efforts to reduce exposures to risk, but because of regulatory standards, banks and many risk management firms often deal solely with compliance rather than results. At FRG, the talented team of consultants collaborate in a checks and balances...
by admin | Oct 30, 2013 | General
Bank stress testing is conducted according to future adverse scenarios of the economy that may not truly represent the most likely potential outcomes. The people at FRG recognize this and always seek to develop mathematically robust solutions while still adhering to...
by admin | Oct 8, 2013 | General
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...
by admin | Aug 30, 2013 | General
In the article, from American Banker, there is a concern that Banks are not engaging enough resources in building integrated risk infrastructure across business lines. FRG’s consultants have the skill set to assist Risk Managers in finding and implementing the...
