By Luis Baptista et Pascal de Lima, Altran Financial Services Government
Since 2008 the Financial Sector in the developed countries is struggling with low liquidity markets after the sub-prime events and due to the nationals crises debts in the Euro zone. These facts, combined with the regulations robustness, pose many challenges to the industry. The enforcement of the Basel, Solvency and, as a consequence, a more robust Operational Risk Framework System imposed by regulators, creates the opportunity for Financial Institutions to improve strategy and performance, processes, systems and quality, thus improving the processes effectiveness and enforcing the need to have greater minimum capital ratios requirements in the present and...
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