5 Key Steps to Managing Operational Risk for File Transfer in Financial Services

Transformation of the financial services industry has led to increased operational risk, and has impacted institutions with higher costs and the threat of negative customer experience. In addition, regulatory initiatives such as Basel III, Solvency II and Dodd-Frank that require compliance, and technology problems including a lack of visibility in your institution’s critical file transfer infrastructure add up to increased complexity and operational risk. Visibility is a fundamental component of data exchange and a key ingredient in managing operational risk, which can reduce costs and even increase top-line revenue. In this white paper, learn 5 key steps to managing operational risk in financial institutions.