June 2014

Institutions should automate some of the core processes involved with CCAR to minimize the time, capital and resources they pour into manual compliance, according to Boyke Baboelal in his article, “CCAR Results: Taking the stress out of stress testing.”

Supporting his claim is a 2013 PwC Survey of banks, wherein 47% of respondents indicate they plan to invest materially in technology over the next three years to avoid modeling deficiencies and their associated costs and to free up time to work on other parts of the regulatory stress testing process that could use improvement.

Continue reading How To Pass A Bank Stress Test: Industry Analysts Explain CCAR Best Practices

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