Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
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
Upcoming SlideShare
Loading in …5
×

Top-Tier US Banks’ Capital Plans

1,105 views

Published on

– 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.

Published in: Business
  • Be the first to comment

  • Be the first to like this

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

×