This would enable a bank to not only, derive optimum earnings, rationalize cost and expenses but also to initiate changes  6  BIS central bankers’ speeches  in and diversify its business design / model in alignment with the industry or the current and profitable market practices. The way ahead 24.
Over the years and especially in the wake of the learnings from the global financial crisis, banks have enhanced their efforts in the direction of improving risk management practices as I have enumerated earlier. However, going forward much work still remains. i.