Executive Summary

Stress based risk management has emerged as one of the foremost priorities for the financial services industry. Having consulted a number of financial institutions, the vast majority cited stress testing as the pivotal objective around which future initiatives will evolve. To this end, banks are heavily focused on implementing more robust and comprehensive infrastructure to facilitate more timely and meaningful results. To meet this objective, institutions must overcome significant challenges owing to the monumental volumes of data involved, varying portfolios across businesses and multiple data sources.