IP Countries:
  • US
G.I.X. Score
ABOUT: ALTASOL provides financial institutions with risk management (including FATCA compliance), strategic update, and performance improvement consulting services. Service offerings are complemented with tailored training and development programs to assist its target client segments build a strong risk aw..
SUMMARY: ALTASOL assists U.S. and non U.S. financial institutions enhance their enterprise risk management, decision-making processes and preparedness to comply with FATCA, a U.S. tax regulation which becomes effective on July 1, 2014. These services help financial institutions improve their profitability, competitiveness and their preparedness to confront expected and unexpected losses and the heightened requirements of their stakeholders and regulators. RISK MANAGEMENT ENVIRONMENT - KEY CHANGES AND NEW STANDARDS: Risk management has been significantly changed by the financial crisis and the damage caused to the liquidity and capital positions of many financial institutions worldwide. The experiences have significantly changed the expectations as to how financial institutions should analyze, manage and control risks, as well as provide for sufficient liquidity, earnings and capital to absorb expected and unexpected losses. The heightened importance of this issue is provided by: The expectation..