Remove 2008 Remove Efficiency Remove Risk Management
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You can make a difference and shape the future of Risk Management!

Risk Guide

Volumes have been written on the cause of the crisis the world is in, surveys have been done and many fingers are pointing in every direction—a couple of these are pointing straight at us, the Risk Professionals. It is time to renovate risk management. The basic Risk Management process cycle is one of those.

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OCC Comptroller Offers Regulatory Guidance Toward AI

Perficient Digital Transformation

In his speech, Hsu emphasized that the rapid adoption of technology during periods of change, without corresponding adjustment in controls, allows risks to grow undetected until they culminate in financial crises.

Banking 52
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Best Java Development Outsourcing Companies in 2024: Top 11 Partners

Groove Technology

Specializing in custom Java development, the company leverages cutting-edge technologies to deliver scalable and efficient solutions. Insart Website: [link] Company Size: 51-200 employees Founding Year: 2008 Insart specializes in Java development for financial and trading systems.

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AI Regulations for Financial Services: OCC

Perficient Digital Transformation

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

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Data Shows IT Modernization is Critical for Business

Presidio

Equipped with hybrid and multi-cloud capabilities, IT organizations can allocate and scale resources flexibly and efficiently: responding to changing application demands, introducing new products and services quickly, even controlling which workloads are cloud based and which are kept on-premises.

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Pandemic Car Buys, Rising Interest Rates, and High Gas Prices: A World of Hurt for Lenders

Perficient Digital Transformation

And if all this wasn’t enough to keep a credit risk manager from sleeping well at night, consider this: A recent Consumer Reports study found that auto loan portfolios may be riskier than previously thought. In 2008, when the housing bubble burst, homeowners lost the houses they could no longer afford. It’s not pretty.

Finance 69
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All LPOs Must Have ISO 27001:2013

Magellan Solutions

Outsourcing routine legal tasks provides good cost management and organizational efficiency. Due to this, the focus in most firms shifted to ensuring efficient legal work than winning cases. Since 2008, both corporate and private law firms have been quick to adopt outsourcing. Manages and minimizes risk exposure.