Description
In this session, KPMG will present entry criteria, execution and exit criteria in order to conduct and coordinate a meaningful parallel run program. We will share lessons learned and pitfalls from prior engagement fieldwork that resulted in substantial rework post adoption. This comprehensive session will provide tools that financial firms can utilize in order to prevent or detect infrastructure (e.g., process, system or data and personnel) risks. In addition, an overview of the financial impacts for mergers and acquisitions under pre and post CECL adoption scenario will be discussed.
Learning Objectives:
- Provide insight into the activities of the 3 lines of defense represents in order to present an operating framework
- Discover what impacts look like for different products as well as an analysis of CECL SAB 74 disclosures and further expectations
Speaker(s):