Balancing Profitability and Risk in Banking: Overcoming Common Risk Analysis and Reporting Challenges

  • Source: SAP
  • Written By:
  • Published:
  • (Originally Published On:) )
Banks need robust risk analysis and reporting solutions to improve reporting accuracy and efficiency, while reducing the costs and burdens of compliance. Yet many forces hamper efficient enterprise risk reporting, including regulatory and stakeholder pressures, process inefficiencies, and disparate data. This paper focuses on the risk reporting challenges facing banks, and outlines the best practices banks need to improve reporting and manage risk.

Featured Software Research:

11 Criteria for Selecting the Best ERP System Replacement

An enterprise resource planning (ERP) system is your information backbone, reaching into all areas of your business and value chain. That’s why replacing it can open unlimited business opportunities. The cornerstone of this effort is finding the right partner. And since your long-term business strategy will shape your selection, it’s critical that your ERP provider be part of your vision. Read More

Reduce the Risk of Network and Application Performance Issues

More than ever before, the IT network is a strategic asset to a business, and any downtime or degradation in network or application performance can directly impact an organization’s bottom line. This white paper looks at a methodology for solving network and application performance issues and outlines a new approach to getting to their root causes more quickly. Read More

You may also be interested in these related documents:

Improving Bank performance: Overcoming Common Planning-related Obstacles

  • Source: SAP
  • Written By:
  • Published:
Bank chief financial officers (CFOs) are being forced to reexamine their roles and responsibilities. Simply closing the books no longer works. Finance departments are being asked to perform strategic budgeting and planning, monitor risk and compliance, and improve overall performance. To meet these demands while competing in a turbulent marketplace, bank CFOs need sound planning and forecasting support. Find out more. Read More

SAP BusinessObjects Edge Planning and Consolidation: Streamline Planning and Reduce Business Risk

  • Source: SAP
  • Written By:
  • Published:
Chief financial officers (CFOs) and other senior managers are under tremendous pressure to maximize profitability, reduce operational costs, minimize risk, and improve stakeholder confidence. Read about an application that can help you streamline operations, instill confidence, and reduce risk. The solution provides planning, budgeting, and forecasting and supports financial consolidation and reporting operations. Read More

Secure Analytics: Maximizing Data Quality and Minimizing Risk for Banking and Insurance Firms

Do you use real customer profiles and statistics to drive marketing efforts, or real employee data for salary or benefit analysis? While these activities are critical to success, they can put you at risk for a data breach. But with a data security system, you can maintain the data’s original properties, while giving clearance for key business activities to proceed. Learn how to assure your sensitive data is protected. Read More
 
comments powered by Disqus