The coronavirus outbreak generated an unprecedented health crisis that is affecting people and countries all over the world. However, the pandemic is causing consequences far beyond the spread of the disease itself. With time, the dramatic socioeconomic impacts due to the lockdown appear clearer and more complex. COVID-19 is putting banks' operational resilience under pressure.
This paper addresses the implications of the coronavirus on banks in terms of regulatory reporting. It illustrates how software-as-a-service (SaaS) technology can provide solutions by enabling banks to be agile during the current crisis, future shocks, and remote working.
Download the 'Operational resilience in the time of COVID-19: SaaS to the rescue' paper to find out more.