Addressing Spreadsheet Risk in Financial Institutions

Successful banking and financial institutions are built on a foundation of accurate data, much of which is embedded in complex and highly specialized spreadsheets. Confidence in the results generated from intricate models is key to making shrewd business decisions, like determining the value of a potential acquisition or investment, budgeting and forecasting or analyzing profitability and determining risk.

However, the decisions made are only as good as the data that fuels them. So how can you trust the data that drives your business if you don’t have control of your spreadsheets?

Read this Executive Brief to learn:

  • Why financial institutions that prioritize mitigating spreadsheet risk are better positioned to protect customers, revenue and reputation.
  • How to put a plan in place to start mitigating spreadsheet risk
  • How modern, automated spreadsheet management solutions provide organizations with a deeper trust in their data and reduced risk exposure

Resources

Insurance — Safety National Brief

The Challenge The actuarial team at Safety National needed a more efficient, reliable way to review and test model changes. Read the case study and

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