Bank Performance

Strategic Implementation

Institutions must evolve both organizationally and operationally to maintain pace with the fast changing and highly competitive world of banking. This involves strategic initiatives ranging from consolidation of operations to introduction of new technologies to staffing evaluations. DD&F has the project management skills to work alongside of your staff to plan for and manage your strategic initiatives in order to implement change with minimized disruptions.

Regulatory Intervention

DD&F understands the challenges a bank faces if regulatory action is taken against it, its directors, and its management team and how difficult it can be addressing the requirements of regulatory orders such a Memorandums of Understanding, Consent Agreements, Formal Agreements, and Cease and Desist Orders. We have years of experience working with regulatory bodies on behalf of clients addressing regulatory issues, and will provide your institution with the expertise you need to resolve the issues and improve your institution’s overall risk profile.

Information Security and Technology Consulting

The importance of information security in the banking industry has grown tremendously over the last several years due to regulatory requirements and the increasing threats to the integrity, security, and confidentiality of customer information. DD&F can provide resources, such as customer information security and identity theft risk assessments, as well as development and review of your bank’s programs, policies and procedures to meet FFIEC requirements.

Information technology is a significant investment for most banks, so it is important to make sure your expenditures are based upon a plan that supports overall company goals. Our consultants can assist your management by analyzing vendor contracts, assisting with vendor management, and developing a strategic plan for efficient utilization of your IT investments.

Business Continuity

Regulatory agencies have increasingly emphasized the importance of business continuity in their exams; however, the establishment of an effective and functional business continuity program can be a time consuming, frustrating and daunting task for your bank personnel. With our expertise and resources, we can assist you with developing a comprehensive business continuity program tailored to fit the needs of your bank or municipality. Our program meets the requirements as described in the FFIEC IT Examination Handbook: Business Continuity Handbook. Our consultants can guide your company through the development process with our three phase approach that ensures a business continuity plan that will be ready for approval, implementation and testing. Our programs include a business impact analysis, a disaster risk assessment, an emergency response plan, a pandemic plan, bank wide business and disaster recovery plan and contingency plans for specific bank departments or municipalities. In addition, we can facilitate a tabletop walk through test of the completed plan and deliver a report detailing the results of the tabletop test with action items to be completed.