Many worried about deposit risk

We're stuck in an era when people--from executives, to nonprofit chiefs, down to retail investors--have to wonder about the safety of even money market mutual funds, not to mention the health of their banks, if they've got uninsured deposits, which many do. For these entities, risk management entails understanding the soundness of the institutions into which they placed their money. We're seeing some interesting innovation going. Institutional Risk Analytics has come up with a bank stress index, which compares the relative safety of banks. It accounts for lending default risk, profitability, capital levels and more. It could make your Treasurer's life easier and as the firm notes, "it's documentable for COSO and Sarbanes-Oxley purposes and the continued monitoring and auditing of stress levels can be done to ensure each bank used remains within acceptable criteria."  

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- here's an explanation

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