How to gain more from operational risk management practices.
Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.
Results of Fed's term deposits offering
The Federal Reserve has announced the results of its August 22, 2019 offering of seven-day term deposits. Eighteen participants deposited $1.668 billion under the offering. The deposits will earn one basis point above the rate paid by the Fed for excess reserves.