18 July 2023
Banks strive to meet regulatory compliance, whilst continuously monitoring the evolving regulatory framework and aligning their strategies and business models with Risk Management expectations.
It is a challenge to automate and streamline the process for regulatory risk calculations and reporting, to free up time towards primary risk management objectives and analysis, so banks should consider investing in more flexible, robust, and fully integrated RegTech platforms.
This paper presents the challenges that Risk departments face due to the demanding and evolving Basel (CRR/CRD) framework and how they can benefit from utilising a natively integrated Risk & Compliance management platform.
