Capco Introduces 'Living Wills' Platform

Joe Anastasio, Capco

Known officially as resolution plans, living wills for financial institutions are mandated by Dodd-Frank to provide rapid and orderly deconstruction of institutions in event of distress or bankruptcy.

Capco's new Resolution Planning Business Optimization Services will provide a platform to reduce complexity and costs around the new regulatory change, identify "affiliate interdependencies" that are relevant to the process, as well as manage capital reserve demands.

Nine major banks offered a first look at their living wills last year after definitional controversy over what qualifies an institution as "too big to fail" post-crisis, and the potential ramifications for firms spinning off certain businesses as a result.

"With financial institutions under significant pressure to establish or strengthen their living wills, there is a great opportunity to use the requirement to affect significant operational, organizational and financial improvements," says Joe Anastasio, founding partner at Capco.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: