We explore how a leading financial institution transformed its business with a comprehensive EUC governance program...
Regulatory Compliance
What is SR 11-7 Guidance?
SR 11-7 provides supervisory guidance on model risk management (MRM). Initially published in April 2011, the...
SOX Compliance & End User Applications
What is SOX? The Sarbanes-Oxley Act of 2002 (SOX or Sarbox) became public law on July 30th, 2002, as a result of the...
Why Your Model Risk Management Efforts Will Fail
Models typically represent one of the most important tools that management rely on to make critical business decisions...
End-User Computing Industry Trends
Apparity has long realized that a strong end-user computing (EUC) software is only as good as the policy it enables....
CECL Model Risk & Compliance
What is CECL? Current expected credit loss, or the CECL framework, is a method of accounting for credit losses. CECL...
ASC 606 Compliance & Spreadsheet Risk
In 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 606. The...
Spreadsheets, EUCs, and the PRA
An analysis of the latest Dear CEO letter highlighting spreadsheet and EUC risks The trend continues. Regulators...