Innovating in Information Risk Management to maintain a competitive advantage
In this challenging business environment, a top 10 US bank needed a structured approach to manage risk and organizational change.
Handling trillions of dollars in assets every day, UMT’s client is one of the ten largest banks in the United States. As a Global Systemically Important Financial Institution (G-SIFI) – it’s also one of the most regulated entities on Wall Street. The increasing cost of compliance coupled with narrowing margins due to historically low interest rates have created a challenging operating environment for the bank. Survival and growth demand continuous improvement and innovation across all parts of the business, including Risk Management.