Banking and Financial Services


Healthcare and Insurance


High Technology and Manufacturing

Service Companies

Information Request

Contact Us

Banking and Financial Services

The banking and financial services industries are highly regulated and face a great deal of scrutiny from a variety of regulatory bodies. Banks are challenged to meet regulatory requirements, and manage their risks, while maintaining customer service levels and containing operating costs. We have found that by leveraging the risk assessment process, Banks and Financial institutions can achieve satisfactory or better ratings from the regulators, deliver high levels of customer service and reduce operating costs.

Rather than viewing the risk assessment process as a necessary evil, our clients have had success by leveraging the risk identification and assessment process to ensure completeness of policy and audit scope, while reducing audit costs due to the precise risk-driven approach. Each identified risk must map to a procedure or policy that seeks to mitigate this risk to an acceptable residual risk level. The audit plan is then built to ensure that these specified procedures are functioning and can be relied upon.

We are expert at risk assessments, technology auditing and network vulnerability testing for Internet and network security assessments, SOX compliance audits (Sarbanes-Oxley), GLBA Privacy Act reviews, (Gramm-Leach-Bliley Privacy Act), OFAC (Office of Foreign Asset Control) and BSA (Bank Secrecy Act) procedures reviews.

Our staff has performed hundreds of IT audits for banks of all sizes over the last seven years. We can provide your firm with the technology audit services you need. We specialize in providing high-complexity technology audits, including:

Internet Penetration Testing
Network Security and Vulnerability Reviews
Server and Database Security Reviews
Active Directory and Application Security Reviews
Service Provider and User Control Considerations
Sarbanes-Oxley Technology Reviews
IT General Control Reviews

For more information on how FDC Associates can be Your Partner for IT Audit and Governance Solutions, complete an Information Request or Contact Us.