The onset of the market-wide stress event that is national governments’ policy response to the coronavirus epidemic has thrown stress testing procedures, and capabilities, sharply into focus. Unlike in 2008, this time, banks are not part of the problem. Find out how banks are implementing stress testing.
Over the last decade, many financial institutions have made moves to become better capitalized and positioned to face business risks. However, current events make even these protections inadequate. Oracle’s Sabrina shares her views on how banks can be more crisis resilient in such times.
COVID-19 and the economic slowdown as a result of it that places banks’ balance sheet under stress, but with a proactive approach to risk and finance, banks can build resilience and strength as they navigate through this. Oracle’s Nishit shares his views.
Current market dynamics are testing the agility of financial institutions. Cloud technology can be a key in business environments which requires secure, dynamic, and scalable IT infrastructure. Oracle’s Prince shares his thoughts.