An opportunity for banks to meet evolving regulatory and C-Suite expectations and crystalize significant cost savings
Since the Financial Crisis there has been a surge in new regulations with significant commonality between Finance, Risk and Treasury data requirements. This has led to increasing collaboration between the Chief Finance Officer (CFO) and the Chief Risk Officer (CRO) as part of a strategy seeking to break down the data silos. However, few players have found the silver bullet to a genuine integration of Finance, Risk and Treasury. In the process, many banks have had their fingers burned through “Big Bang” high-budget projects and have pivoted to agile, tactical approaches with an over-arching goal.
In this webinar, you will hear from EY CFO Advisory on the challenges faced by CFOs and CROs, the pros and cons of different approaches, and the opportunities for banks embarking on this journey. Bank of Ireland will also share their challenges, lessons learned so far and the role of AAH in achieving their objective of a common data operating model.