Moving beyond compliance to unlock business value.
While the current political environment suggests a relaxation of regulatory policy, bank executives should not take this as a sign that the risks they face are waning. Using lessons learned from the supervisory stress test process, organizations must adjust their strategies to address disruption and market shifts, and ensure they maintain appropriate controls and governance while doing so. Scenario-based risk management is a valuable tool to inform innovation and strategic decision making, while instilling methods to actively monitor and mitigate changing risks.
This e-book from SAS and Argyle explores some of the ways that top-performing organizations are undertaking scenario-based risk assessment to develop and manage their business strategies.