The mission of BRC FinTech Corporation ("BRC FinTech") is to help prevent another major financial crisis (like the 2008 Great Financial Meltdown) by ensuring managers and regulators have access to robust, timely financial reports and near real-time risk analytics. To achieve its mission, BRC FinTech
- Works with standard setters to develop common standards to represent financial instruments
- Develops risk analytics software and actionable management reporting for financial services companies and regulators
- Creates scenario generation, stress testing tools and portfolio monitoring tools
- Provides consulting services and software products to help financial institutions comply with regulatory reporting requirements and manage risk