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.
FRB Services lists updates on initiatives
The latest issue of FED 360° provides status reports on several of the Federal Reserve's multi-year product and technology updates:
- Account Management Information and Daylight Overdraft Reports application changes
- FedACH platform modernization
- Enhancements to Fedwire® Securities Automated Claim Adjustment Process (ACAP)
- Payment services modifications to support Same Day ACH
- Fedwire Funds Service’s ISO® 20022 migration
- FedNow Service development