Leading banks still grapple with stress testing, says survey from SAS and Longitude Research
Majority still at early stage of development, cite data management and skills shortage as top challengesTHE PREMIER BUSINESS LEADERSHIP SERIES, LAS VEGAS (October 22, 2014) – Stress testing is a given for banks, as regulations and compliance pressures loom. Yet only one in four banks say they’re highly mature at it. And in a recent study by Longitude Research and business analytics leader SAS, about four in 10 admit to lingering at early stages of development. Immature