To meet the requirements of the BCBS Principles, financial institutions need to review and, where necessary, enhance a number of business and technology areas:
Most of these changes have broad impact across the enterprise and carry a significant price tag. Our framework and tools help our clients to baseline the current state and to plan and track changes in processes, applications and data assets. This systematic approach also reduces the total cost by utilizing the cross-purpose analysis and by eliminating the duplication of efforts.