Enterprise level stress testing and scenario modelling is a critical function to invest in for any financial institution that wants to increase profits and survive increased regulatory scrutiny.
Integrated enterprise-wide stress testing is now a necessity. However, Chartis’s latest survey of 66 global financial institutions, and in-depth interviews with 22 senior risk practitioners, show the desired integration still isn’t happening.
This report provides an independent evaluation and description of leading practices from SAS as well as its competitive position in the market. The report also includes a brief look at key business and regulatory challenges and focuses on the technology landscape for enterprise stress testing.