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How the UBS Takeover of Credit Suisse Will Impact the BFS IT Services Market | Blog

Everest Group

Credit Suisse was already battling concerns when its biggest annual loss since 2008 exacerbated the situation. Let’s take a look at the factors leading up to the Swiss brokered last-minute emergency takeover of Credit Suisse at a 60% discount.

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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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Decelerate To Accelerate – A Best Fit Perspective For Third Party Risk Management?

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate John M. Lehr discusses how third-party risk management teams must enter into a safe third-party relationship and how to build and maintain trust, as well as how to adapt as the consumer wants and needs evolve rapidly.

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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.

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Competition, Consolidation, And Co-opetition In Banking

Zinnov

During the 2008 financial crash, the global economy lost close to USD 1 Tn from debt. Collaborations between hyperscalers demonstrate the Banking industry’s need to explore pricing optimization, fraud detection, and risk management together with technology players.

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Lessons Learned From the Fourth United States Bank Failure of 2023

Perficient Digital Transformation

He was promoted to President and CEO in 2008. Many of Perficient’s clients are now proactively utilizing a Risk and Control Self-Assessment (RCSA) approach to ensure their firms utilize an ounce of prevention to avoid a pound of regulatory cure, and avoid becoming headlines in the Wall Street Journal.

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Best Java Development Outsourcing Companies in 2024: Top 11 Partners

Groove Technology

Insart Website: [link] Company Size: 51-200 employees Founding Year: 2008 Insart specializes in Java development for financial and trading systems. Their niche focus allows them to offer deep expertise in Java for fintech applications.