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Regulators are indicating a move to a more risk-focused exam of financial institutions with transactional testing based on risk.What are the hot topics and findings noted in the past year by the federal regulators?
All banks have pride in their community and want to invest in the communities they serve to promote stability, growth, progress, investment and safety. The question is, how can banks best help the communities where the need is greatest while safeguarding their investments in the more impoverished areas served by the bank?
Experis Finance brings solutions and talent together to take on your risk advisory, finance & accounting and tax challenges.
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The client selected Experis Infrastructure and Data Solutions (IDS) practice because of its extensive knowledge of regulatory mandates and remediation processes. A critical element of SOX requires the certification of user access to systems that access the company’s financial data. In conjunction with the client, the IDS team worked to develop, deploy and implement the attestation for user access to systems where fi nancial data resided. IDS worked to identify all individuals with access to financial data, confirmed they were authorized to do so and helped to ensure correct configuration for access.
With data centers spread out across five cities, our client faced numerous challenges both physical and systemic. Data centers struggled to keep pace with a growing infrastructure’s inherent demands. They lacked an adequate power capacity, raised floor space, and the density reinforcement to accommodate new systems. Chances for system failure grew along with increased support responsibilities as each data center rapidly approached operations capacity.
Our client, a $50 billion dollar pharmaceutical distribution company, was in a state of extreme transition caused by regulatory changes to their global marketplace and a recent merger with a former competitor. Their IT department was challenged with supporting and prioritizing the needs of a merged company whose segments each had their own objectives, operating applications and business leaders. The merger had also necessitated the relocation of a major portion of IT’s function across the country.
IT leaders are increasingly uncovering the value of soft skills within their workforce. What are the soft skills IT leaders are demanding today? How do IT leaders assess the soft skills of new recruits? Can these skills be developed in existing employees?
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