
Financial Holding Company
Secure Information Management Services for Financial Holding Company (FHC)
Business Need
- No 360-degree view of Obligors, Customers and other Parties
- Accurately aggregate counter-party credit exposure, spanning multiple products, businesses, and legal entities
- Support increased regulatory and supervisory requirements (FRB, OCC, BCBS 239)
Challenges
- Enforce centralized legal entity creation to ensure quality
- Single view of Party without retrofitting every system
- Enabling aggregation of risk data across party hierarchy
- Propagating master ID in critical downstream data flows
Solution & Results
- Automated Search Before Create via centralized stewardship with Dun and Bradstreet enrichment
- Enabled visibility to customer credit risk exposures with increased frequency, particularly in times of crisis
- By improving accuracy of address records, enabled enhanced risk management and risk tolerance for invoicing, tax and geographic concentrations
If you are a financial holding company (FHC) and in need of secure, long-term information management services, contact Infoverity today.
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