At last weeks RMA GCOR Conference in Cambridge, the final featured session was a panel of representatives from the OCC, FDIC and FRB. During the Q&A session, panelist were asked their opinions of the top areas of focus for their agencies. The leading items identified were:
- Distributed Ledger
- 3rd Party Management
With this insight, TPRM leaders have the opportunity to proactively look at their organization and prepare for the next generation of regulatory bulletins and requirements. FinTech, cloud and advances in automation will place a premium on skills and capabilities that understand operational impact, contracting requirements and effective monitoring of these emerging services.
Now is the time to prepare!