Volatility in the regulatory landscape has deeply impacted financial and risk management practices. New regulations have created new complexities, high implementation costs and an increase in risk reporting.

For financial institutions, regulatory reporting has graduated from byproduct to prime focus. In an environment of constant and complex regulatory expansion backed by rigorous sanctions, the financial services industry must anticipate and document current and future risk exposures.

An effective cybersecurity architecture allows an organization to develop and maintain its strategic and competitive advantage. Information, technologies and personnel are critical assets distributed throughout an organization and form the foundation of its operational infrastructure.

In an intensely competitive environment faced with ever increasing regulatory pressures, leading financial institutions have found that an effective risk management program can unlock superior earnings, higher customer satisfaction and reduced regulatory scrutiny. 

As we rely more heavily on technology and the internet, the probability and severity of financial crime continues to increase. In fact, financial crime has become firmly established as one of the largest threats to financial institutions.

The regulatory environment is increasingly complex and always changing, and failure to maintain compliance carries stiff financial and reputational consequences.

Recently, regulators have stepped up fair lending enforcement actions. Redlining, reverse redlining, disparate impact pricing, practices that discourage applicants, disparate treatment in loan servicing, new HMDA fields and CRA eligibility are some of the critical risks that require a proactive, practical approach to mitigate and manage.

Our DOL Fiduciary Rule solutions provide a holistic approach to complying with the rule. They range from building understanding of the rule’s tenets and business impacts to implementing and adopting business practice changes.

The support you need for achieving and maintaining compliance. Many financial institutions face mandates from examination findings or enforcement actions to promptly and effectively remediate noncompliance – or face even harsher penalties. 

With risk management, information security, regulatory compliance and financial crime front and center and subject to regulatory scrutiny, Capco can help keep you current.

With ever-evolving laws and regulations coupled with increased regulatory scrutiny, it is challenging for institutions to keep up. The Capco Risk Managed Services Center (RMSC) was created to help our clients reduce the burden of repeatable, resource-intensive risk management and compliance; increase efficiency; and lower costs.

As one of the nation’s leading compliance advisors, Capco’s Finance, Risk and Compliance (FRC) Solutions has helped thousands of financial institutions and government agencies gain a richer understanding of current and emerging federal compliance laws and regulations.