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
Bank of America Corporation
BBVA Compass Bancshares, Inc.
BMO Financial Corp.
Capital One Financial Corporation
Discover Financial Services
Fifth Third Bancorp
Huntington Bancshares Incorporated
JP Morgan Chase & Co.
M&T Bank Corporation
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.
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
Retrieval & Search
Quarterly & monthly Reports
FR Y-14, FR Y-16 and DFAST reports
•FR Y-14, ALM, audit tool, CCAR, CGR, DFAST, DFAST reports, FR Y-16, reporting, stress test, TechCusp
May 22, 2014 | Categories: Banking/Fs, Business Intelligence, Document Management | Posted by: admin
Data & Document Management System (DDMS) for Asset Management
Browser & Cloud-Based Portal
Data, Document & Image Handing
Approval & Database Synchronization for Asset Management Sales & Marketing
Dual Data Entry Support
Seamless DB2 Data Exchange
Security & Database Encryption
SEC 206(4)-7 Compliance
Flexible & Rules Based
IBM Lotus Notes
Microsoft BizTalk Framework
Microsoft Document Management System (DMS)
IBM Lombardi BPM
OpenSource Document Oriented Database Solution, e.g., CouchDB, MongoDB
BPM, Business Process Management, Data and Document Management, TechCusp
Techcusp.com for Banking IT
Techcusp Sweet Spot – Banking & FS
Card, Payments & Cash Mgt.
Governance, Risk & Compliance (GRC)
Private Equity / VCs
Techcusp – Banking IT Services & Software Solutions
Consulting Services (Project Management)
Quality Assurance (QA)
Banking IT, Financial Services, FS IT, mobility, Project Management, Techcusp for Banking, Trading Solutions
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
Cross browser Testing
Mobile Application Testing
User interface Testing
Web App Security Testing
Automated QA, QA, Qulaity Assurance, techcusp for testing, Testing
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
Mobile Website Design
Web Site Redesigning
front-end systems, mobility, TechCusp, web services