Wolters Kluwers Financial Services on Tuesday released what it says is a new reading of the growing impact of regulatory and risk management requirements on the nation's credit unions and banks.
The new Regulatory & Risk Management Indicator combines data analysis with financial institution input to provide a barometer on the overall regulatory and risk management environment, the company said.
The Minneapolis-based provider of compliance and audit services and software said the indicator began with a baseline score of 100 in January after a survey of nearly 400 banks and credit unions and then rose to a score of 136 at the end of April with feedback from more than 430 respondents.
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