Nimbus Survey Highlights Lack of Readiness for FSA ARROW Audits

Today at the European Banking Forum, Nimbus, a provider of Business Process Improvement Solutions revealed the results of its FSA ARROW Audit survey – “Benchmark your Controls Effectiveness”. The research conducted in February 2010 amongst heads of risk, operations and compliance at UK based financial services organizations, asked participants how they document, control, measure and audit complex operational processes, particularly with respect to regulatory requirements such as an FSA ARROW audit.



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