Banking & Financial Services
“It is time to recognize that one-size-fits-all regulations do more harm than good…”
MID-SIZE BANKING COALITION OF AMERICA AND REGIONAL BANK COALITION
Letter To U.S. House of Representatives (Jan 2017)
Banking and Financial Services organizations–large and small–operate in a highly competitive, highly regulated environment that demands constant innovation, efficiency, and control. Major issues facing these institutions today include:
- Promoting growth and sustaining profitability in a low-interest-rate environment
- Rebuilding asset quality and strengthening capital positions
- Developing new and reliable sources of revenue
- Increasing the business value of customer relationships
- Competing with innovative, non-traditional competitors
- Incorporating a risk management culture into daily operations
The need for agile, robust Management Operating Systems has never been greater – to drive effective business practices throughout the enterprise, accelerate and control new product introductions, optimize operational and financial processes, efficiently manage risk and compliance, as well as provide the management team with timely reporting to provide rich insights into performance. Shown below are illustrative examples of just a few of the hundreds of ways in which GMI has assisted…
Senior-Level Reporting
Configured our SLR tool for Enterprise Risk Management Reports containing all key topics, metrics, and graphics
Strategic Alignment
Helped enhance the linkages between the Risk Appetite Statement, planning, budgeting, and reporting
Governance, Risk, & Compliance (GRC)
Implemented practical solutions related to literally all aspects of governance, risk, and compliance
Last Mile of Finance
Assisted with financial process upgrades, including planning for newly emerging standards
Issues & Actions
Implemented the ability to prioritize/track issues from multiple sources, and to combine related issues into holistic actions
MOS Toolkit
Implemented numerous supporting GRC capabilities, ranging from TARP to mortgage servicing compliance
View our representative clients in the Banking & Financial Services sector.