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FS analytic advisory firm Novantas announces UK launch

Novantas, a leading financial services analytic advisory and solutions firm, is pleased to announce that it is launching regulatory stress testing and deposit pricing services and technology for the UK banking sector.

Novantas has leveraged its extensive deposit knowledge to support the banking sector’s transition to comply with the latest regulatory requirements around stress testing. Over the last four years Novantas has been assisting the largest US banks in their transition to Pre-Provision Net Revenue (PPNR) modelling as mandated by the US Federal Reserve. As the UK’s Prudential Regulatory Authority (PRA) now expects UK banks to move towards this model, Novantas will provide the expertise and experience to support them in complying with the latest stress testing regulatory requirements.

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For more information, contact Novantas Marketing

+1 (212) 901-2772

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