Boston, September 26, 2013 - The stress test, required by regulators to prevent financial institutions from becoming "too big to fail," is becoming a bigger concern for banks. Though stress tests can provide fantastic insight into banks' operations and risk profiles, they place significant demands on banks, introducing opportunities for vendors to automate the process. But how can financial institutions automate stress tests without breaking the bank? And which leading vendors are best suited for your institution?
Based on RFIs provided by vendors during Q2 2013, this Impact Report by senior analyst David O'Connell examines requirements for stress tests, profiles and evaluates the leading stress-test automation vendors, and awards prizes to vendors particularly adept at ushering banks through this challenging process.
This 48-page Impact Report contains seven figures and 24 tables. Clients of Aite Group's Wholesale Banking or Retail Banking services can download the report .