Regulatory Updates The Federal Financial Institutions Examination Council frequently releases updated examination handbooks and guidance documents, indicating ongoing regulatory changes. This creates opportunities for compliance technology vendors to offer solutions that help institutions stay aligned with new requirements and best practices.
Cybersecurity Transition With the upcoming phase-out of the current Cybersecurity Assessment Tool in August 2025, there is a need for advanced cybersecurity assessment solutions. Firms specializing in cybersecurity risk management and assessment tools could position their offerings to assist financial institutions in adopting new frameworks.
Data and Transparency The FFIEC’s recent launch of datasets based on Home Mortgage Disclosure Act data highlights a push toward greater transparency and data-driven decision making. Technology providers offering data analytics, reporting platforms, and compliance data solutions could find opportunities to serve this demand.
Guidelines on Fairness The establishment of principles to monitor discrimination in property valuations indicates a focus on fairness and compliance in financial services. Companies offering fair lending analysis, monitoring tools, and regulatory reporting services may address emerging market needs.
Technology Upgrades The release of updated development, acquisition, and maintenance guidelines suggests an emphasis on modernizing IT infrastructure within financial institutions. Vendors providing IT development support, consulting, and secure infrastructure solutions could capitalize on the ongoing digital transformation efforts.