Too Many Silos

Siloed Data is Problematic for Bank Stress Testing

Today’s banks are flooded with existing loan data across multiple platforms. Departments with their own data sets can range from commercial loan servicing, commercial loan origination, retail loan servicing, retail loan origination, commercial deposit servicing and retail deposit servicing. In addition, there are often geographical and origination breakdowns of data within those groups, which add even more variables to the equation. In Too Many Silos, Managing Director Ed Robertson describes Situs’ work on behalf of clients to address these issues and prepare banks for success at stress testing.

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