While most U.S. banking organizations today operate in a safe and sound manner and enjoy substantial profitability, they need to remember that continued business success depends on their ability to prepare for unexpected, and potentially much less favorable, events and outcomes. As institutions continue to offer new products and services, they face the challenge of incorporating the associated risks into their existing risk-management framework.
During the course of the Conference some of the presenters will focus on the different cash management systems employed by central banks. Another challenge, facing the industry, is the forecasting of the demand banknotes. It seems that there is no simple method to do this calculation. In South Africa, as in many other countries, the demand for currency is showing an increasing trend.