Cover Story
Advanced Capability Solutions (ACS) India: Mitigating Risk for the BFSI Industry
The 2008 financial crisis has been a game changer for various industries. Post the meltdown, regulatory bodies across the globe and in all industries fought back by developing stricter regulations. However, it was the financial services industry that fought back with the most vengeance and today it is one of the most regulated sectors worldwide. Post the financial crisis, a global bank was undergoing massive scrutiny for their Risk Management and reporting. In order to satisfy regulators and other stakeholders, the organization was looking to create a regulatory and risk reporting platform that could replace their existing out-dated legacy reporting tool and cut down...
