Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development. Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.
*Organization names and job titles are current as of the publishing dates
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In June 2008, the FSA published proposed revisions to its comprehensive guidelines for bank supervision. The revisions would strengthen risk management regulations in accord with Financial Stability Forum recommendations. They call upon top management to improve risk governance and charge risk management staff with the mission of global oversight and development of more sophisticated modeling capabilities.