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Stress Testing a Bank’s Capital Adequacy How Technologically Driven Solutions Can Overcome Challenges Posed by Legacy Sy...
Major Flaws Observed by the Federal Reserve in Current Reporting Systems Report Integrities Siloed, antiquated and in...
Reporting System Framework by HCL for Passing the Stress Test Synchronizes Multiple work Streams Involved in CCAR pre...
Questions –  Why banks undergoing stress test find it difficult to meet the tight deadlines?  How siloed data can be ...
Copyright © 2014 HCL Technologies Limited 5 | www.hcltech.com
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Top-Tier US Banks’ Capital Plans

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– Dodd-Frank Wall Street Reform and Consumer Protection Act has upped the ante for top tier US banks in terms of regulatory compliance and capital adequacy planning. Introduced in 2009 post the sub-prime mortgage crisis, the reform aims to stress test top tier banks in the US and understand their long-term viability to sustain in the market. However, laden with legacy systems, several issues still plague the reporting systems of these banks. HCL tells how to overcome these challenges.

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Top-Tier US Banks’ Capital Plans

  1. 1. Stress Testing a Bank’s Capital Adequacy How Technologically Driven Solutions Can Overcome Challenges Posed by Legacy Systems
  2. 2. Major Flaws Observed by the Federal Reserve in Current Reporting Systems Report Integrities Siloed, antiquated and incompatible systems with major human interventions Estimation Methodologies Predictive models with low power due to data limitations Ineffective Impact Assessment Standalone tools like spreadsheets in data aggregation processes
  3. 3. Reporting System Framework by HCL for Passing the Stress Test Synchronizes Multiple work Streams Involved in CCAR preparation Factory-scale Approach to reporting, analytics and controls Analytics on required and derived data Aggregate and organize data from multiple streams Provide bank’s business and risk experts with sufficient time and means to fine-tune estimates
  4. 4. Questions –  Why banks undergoing stress test find it difficult to meet the tight deadlines?  How siloed data can be cleansed, standardized and converged with reporting systems of the bank?  Does Federal Reserve approves reporting automation?  Can analytics be done concurrently if the reporting system is automated and needs minimal human supervision? Click here to download the paper Copyright © 2014 HCL Technologies Limited 4 | www.hcltech.com
  5. 5. Copyright © 2014 HCL Technologies Limited 5 | www.hcltech.com

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