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.
FDICconnect's secure file exchange
The FDIC has issued FIL-63-2019 announcing the FDIC's new Enterprise File Exchange (EFX) module via FDICconnect. EFX is a secure application for FDIC-insured institutions to exchange examination-related documentation with the FDIC and State banking authorities.
EFX replaced FDICconnect's Examination File Exchange (EFE) on September 30 as the primary tool for exchanging those documents. EFE will continue to be used for ongoing exams commenced before September 30, and will be phased out around April 1, 2020.