How might these weaknesses affect an institution

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Reference no: EM131525151

Question:

For this assignment, use your reading, research, and lecture notes develop a 2-3 page paper that addresses the following issues with Stress Testing.

Explain the purpose of stress testing. Why and how might these weaknesses affect an institution?

Should stress testing include more severe scenarios?

Is adequate testing done across markets, institutions, political and geographic interests?

Is time lacking as a consideration of catastrophic events?

Be sure to proofread your paper for spelling and grammar errors.

Verified Expert

"This assignment is focusing on the Stress testing of IT software as well as banking industry. In case of Financial Sector, it is completely based on financial crash in stock market. Several political, economic and environmental factors have significant impact on this Stress Testing. If management of any organization is able to do stress testing properly then it helps in bringing financial stability in institutions."

Reference no: EM131525151

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