Regulators demand compliance. Banks need competitive advantage. Our FRC strategies, operational experience and RegTech expertise overcome complexity to deliver both.
Fighting financial crime is a matter of compliance. Stringent regulations applied to anti-money laundering efforts, sanctions, fraud, cybersecurity and anti-bribery and corruption policies have caused financial institutions to invest heavily in infrastructure to ensure minimized risk.
In response, Capco has built strong financial crime capability across target operating model, program management and implementation. We have a proven record of delivering successful multiyear programs to prevent and combat financial crime.
For financial institutions, identifying risk exposure is a clear obligation, extending to every asset class. The resulting evaluation requirement is broad, intense and continuous. Satisfying the regulators requires a robust solution based on solid technical knowledge and informed by an end-to-end view of the process.
Capco has a strong reputation for addressing banks’ regulatory reporting needs. Our experienced teams offer full support in creating a reliable environment for producing, utilizing and managing regulatory reporting.
The scale and intensity of regulatory change have necessitated a major shift in how institutions approach compliance.
Capco offers financial institutions insight and expertise in regulatory compliance and risk management. We understand that meeting reporting rules such as CCAR and DFAST requires a comprehensive focus on data. We combine this focus with the application of specialized tools and methodologies deployed by our dedicated team of financial services subject matter experts.
The Department of Labor’s (DOL) proposed Fiduciary Rule potentially rewrites the DNA of investment firms and wealth managers. The DOL’s view is that currently, advisors push their customers to products that will yield the highest level of compensation for the advisor, rather than meet the customers’ best interests.
Capco’s method for dealing with this profound shift includes determining the firm’s strategic response, assessing the operating model impact and managing change and implementation.
"The industrialization of risk management will create the necessary safeguards against future systemic failure."
Sandeep Vishnu - Capco Partner