What is Financial Resource Management (FRM) and why is it important for banks?
Effectively managing financial resources has always been an important driver of bank economics. However, managing Return on Equity (ROE) with constrained financial resources has become significantly more challenging since the global financial crisis. With the expansion of regulatory requirements and diminishing risk appetite, banks require more sophisticated capabilities to evaluate, monitor, and forecast their performance.
New capital, liquidity, and funding requirements are increasingly driving the strategic direction of the bank. We have been working with many financial institutions around the world in driving this change through our Financial Resource Management (FRM) framework. Implementing FRM enables banks to make faster management decisions and improve supervisory interaction and enhance returns through better management of bank resources.
What activities typically fall under the purview of Financial Resource Management?
Financial Resource Management Partner team
Related Insights
-
Read More
Insights Seven success factors for businesses to surge aheadFuture Of Finance Series: Unlocking The Strategic-Minded CFO
-
Read MoreInsights Modernize strategic planningIt's Time to Upgrade the Way Banks Plan
-
Read MoreInsights Effective strategic financial resource managementStrategic Financial Resource Management
-
Read MoreInsights Balancing Complex and Competing Constraints on Capital, Liquidity and FundingFinancial Resource Management
-
Read MoreInsights The regulatory environment in which banks operate is becoming more complicated.Finance Capabilities: Doing More with Less - The Role of People
-
Read MoreInsights If crisis or wartime stress testing is about getting capital into the banks, peacetime is about letting it out, and it looks like peace has finally broken out in the United States.Stress Testing 2.0
-
Read More
Insights European banks are under more pressure today than ever before.Adding 5% to ROE: How Banks Can Do More with Less
-
Read More
Insights The crisis had exposed weaknesses in financial institutions’ financial steering and control.The CFO Role Revisited