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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