Many small- medium sized banks rely on excel for financial stress-testing and modelling, creating potential for errors and regulatory risk. KnowCo's automated, easy-to-use stress testing solution enables improved data integrity. The process uses a templated data mapping process which will typically uncover instances of data degradation and expose manually constructed files (typically in Excel) which have changed over time, with formulae that have been misunderstood or improperly updated.
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