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Monthly Archives: May 2014

CCAR and DFAST Compliance & Reporting – Techcusp IT Services & Software Development

Posted on May 27, 2014 | Categories: Business Intelligence | Posted by: admin

CCAR and DFAST Compliance & Reporting – Techcusp IT Services & Software Development

 

Effective Jan. 5, 2014 and owing to Dodd-Frank Act (DFAST), The Comprehensive Capital Analysis and Review (CCAR) is an annual exercise by the Federal Reserve to ensure that institutions have robust, forward-looking capital planning processes that account for their unique risks and sufficient capital to continue operations throughout times of economic and financial stress.

 

The CCAR evaluates institutions (Banks & FS)

 

  • Capital adequacy & Net worth (Qualitative & Quantitative) – Asset vs. Liability (ALM)
  • internal capital adequacy assessment processes
  • plans to make capital distributions i.e. dividend payments or stock repurchases
  • supervisory stress test to support the Federal Reserve’s analysis of the adequacy of the firms’ capital

 

25 Approved Bank Holding Companies (BHCs) with assets of at least $50 billion for CCAR are:

 

  • American Express Company
  • AIG
  • Bank of America Corporation
  • BB&T Corporation
  • BBVA Compass Bancshares, Inc.
  • BMO Financial Corp.
  • Capital One Financial Corporation
  • Comerica Incorporated
  • Discover Financial Services
  • Fifth Third Bancorp
  • Huntington Bancshares Incorporated
  • JP Morgan Chase & Co.
  • Keycorp
  • M&T Bank Corporation
  • Morgan Stanley
  • Northern Trust Corporation
  • Regions Financial Corporation
  • State Street Corporation
  • SunTrust Banks, Inc.
  • The Bank of New York Mellon Corporation
  • The Goldman Sachs Group, Inc.
  • The PNC Financial Services Group, Inc.
  • U.S. Bancorp
  • UnionBanCal Corporation
  • Wells Fargo & Company

 

Techcusp IT Services & Software Solutions for Bank’s CCAR compliance

 

Our IT Solutions (custom built software) will help:

  • To adapt to changes in Federal Reserve requirements rapidly
  • To automate (manual) report generation and submissions
  • To comply with data compilation
  • To demonstrate transparent audit trail of the entire report creation and submission process
  • To enable business stakeholders efficiently access new data sources
  • To enable modifying data edit checks as the Federal Reserve releases updates
  • To expedite with exhaustive calculation processes
  • To gain ultimate control over the data requirements of CCAR

 

Our Software Features will include Business Process Management i.e.

 

Data Management solutions

  • Accurate Data Elements
  • Complete and properly formatted Data

 

Document Management solutions

  • Indexing
  • Retrieval & Search
  • Secured Hosting

 

Reporting solutions

  • Compliance reports
  • Quarterly & monthly Reports
  • FR Y-14, FR Y-16 and DFAST reports

 

 

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Data & Document Management System (DDMS) for Asset Management

Posted on May 22, 2014 | Categories: Banking/Fs, Business Intelligence, Document Management | Posted by: admin

Data & Document Management System (DDMS) for Asset Management

Technology/System Features

 

  • Browser & Cloud-Based Portal
  • Data, Document & Image Handing
  • Document Routing
  • Approval & Database Synchronization for Asset Management Sales & Marketing
  • Dual Data Entry Support
  • Seamless DB2 Data Exchange
  • Security & Database Encryption
  • SEC 206(4)-7 Compliance
  • Editing Capability
  • Seamless Workflows
  • Audit Reports
  • Flexible & Rules Based

 

Potential Platforms

 

  • IBM Lotus Notes
  • Microsoft BizTalk Framework
  • Microsoft Document Management System (DMS)
  • IBM Lombardi BPM
  • OpenSource Document Oriented Database Solution, e.g., CouchDB, MongoDB

 

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Techcusp.com for Banking IT

Posted on May 20, 2014 | Categories: Banking/Fs, Software Development, Tech Cusp, TechCusp.com, Technology Stacks | Posted by: admin

Techcusp.com for Banking IT

 

Techcusp Sweet Spot – Banking & FS

 

  1. Capital Markets
  2. Card, Payments &      Cash Mgt.
  3. Commercial Banking
  4. Governance, Risk & Compliance (GRC)
  5. Hedge Funds
  6. Investment Banking
  7. Mortgage
  8. Private Equity / VCs
  9. Retail Banking
  10. Wealth Management

 

Techcusp – Banking IT Services & Software Solutions

 

  1. Apps Development
  2. Big Data
  3. Cloud Services
  4. Consulting Services (Project Management)
  5. Dashboard
  6. Migration
  7. Mobility
  8. Quality Assurance (QA)
  9. System Integration 
  10. Trading Solutions

 

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Techcusp for Quality Assurance (QA) & Testing

Posted on May 16, 2014 | Categories: Apps, Banking/Fs, IT Services, Qulaity Assurance (Testing), Tech Cusp, TechCusp.com | Posted by: admin

Techcusp for Quality Assurance (QA) & Testing

 

We know that developers do not test their own programs as part of Development protocol. It leads to bugs in software’s work, and as a result to the fact that users will simply decide not to buy and use the software. The cost of such errors is so high that it is much easier and less expensive to prevent it than to deal with the consequences.

 

Well, Techcusp has a solution. We have built state-of-the-art Center for Excellence (COE) for Automated Quality Assurance.

 

Techcusp.com is a leading provider of Quality Assurance and third-party validation services. We have served some distinguished clients in HealthCare, Insurance, Banking, ISVs, Enterprise, web 2.0 and mobile (iPhone, Android) space. Our experience of testing is both on web and mobile front.

 

Our dedicated team is comprised of highly skilled, experienced of 5 to 8 years minimum and certified individuals with proven track records of delivering testing and quality assurance services to fortune 1000 clients, who are working in our company in various fields to ensure the quality of IT projects for a short time and within minimal budget.

 

We render following QA & Testing Services

  • Automated Testing
  • Code Reviews
  • Cross browser Testing
  • Functional Testing
  • Load Testing
  • Mobile Application Testing
  • Security testing
  • Stress Testing
  • Usability Testing
  • User interface Testing
  • Web App Security Testing

 

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TechCusp.com – Front End Web Services

Posted on May 16, 2014 | Categories: Apps, Tech Cusp, TechCusp.com | Posted by: admin

TechCusp.com – Front End Web Services

 

We offer following Services at honest pricing:

 

  • Content Management Systems (CMS) & Integration
  • E-Commerce Solution
  • Flash Design
  • Graphic Design
  • Mobile Website Design
  • PHP Development
  • Web Site Redesigning
  • Website Designing
  • Website Development
  • Web Portal
  • Web Dashboard

 

 

 

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425 Washington Blvd.,
Jersey City, New Jersey 07302, USA

Phone: +1 201.258.4704
Fax: +1 201.604.3480
E-mail: Contact@TechCusp.com

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