10-03-24
Crafting an Enterprise Risk Management Program for MSBs – Part 2
As MSBs and Fintechs get larger and more complex, they may find examiners, auditors, and bank partners asking about their ERM. In Part 2 of this article, we address the role data, analytics, and quality reporting procedures play in terms of providing management with decision-supporting information across the two important areas of an ERM Program – specifically, the Risk Assessment and Monitoring.