Forrester Digital Transformation

OCTOBER 31, 2022

On top of the usual challenges, in 2023 security pros will see more risk coming from internal forces like enabling anywhere work and the future of the office. Learn more in our 2023 predictions.

Risk Management 130

Risk Management Risk Management Cybersecurity Management 130

Everest Group

MARCH 16, 2023

With the recent banking implosion, the global financial services industry , technology companies, and service providers will be hit in different ways. Banks’ risk management functions also will be scrutinized again. For example, only one of the seven members of SVB’s Risk Committee had risk management experience.

Banking 130

Banking Service Right-Sizing Risk Management 130

Forrester Digital Transformation

MARCH 6, 2023

Forrester recently published Top Recommendations For Your Security Program, 2023 for CISOs and other senior cybersecurity and technology leaders. In 2023, our recommendations fall into three major strategic themes for security […]

Cybersecurity 130

Cybersecurity Risk Management Risk Management Management 130

Perficient Digital Transformation

OCTOBER 24, 2024

OCC In December 2023, the Office of the Comptroller of the Currency (OCC) classified AI as an emerging risk to the banking industry in an industry report they produced. The supervision risk management principles, outlined in the OCC issuances, provide a solid framework for banks implementing AI to operate safely, soundly, and fairly.

Regulations 52

Regulations Service Banking Cybersecurity 52

Everest Group

JULY 17, 2024

As per a report by the National Oceanic and Atmospheric Administration (NOAA), in 2023 alone, the United States witnessed 25 climate-related disasters that each resulted in damages exceeding US$1 billion, nearly doubling the annual average from the previous five years and leading to 464 fatalities.

Insurance 173

Insurance Risk Management Risk Management Regulations 173

The Hackett Group

MARCH 16, 2023

Talent management is the No. 1 planned improvement initiative for procurement organizations in 2023, The Hackett Group ® found. But it was surprisingly absent from procurement’s list of top priorities for 2023, in part because executives view talent management as a relatively mature capability. An expected 10.6%

Advisory 98

Advisory Research Analytics Human Resources 98

Infosys Consulting

SEPTEMBER 25, 2023

As financial services institutions continue to seek a competitive advantage and strive to increase market share, the ability to leverage and monetize data has become a necessity in today’s hyper-competitive environment. By assessing behavioral data, organizations can identify patterns that indicate “at-risk” customers.

Risk Management 52

Risk Management Risk Management Management Service 52

Everest Group

FEBRUARY 26, 2024

billion acquisition of Discover Financial Services would combine two of the largest credit card companies, creating the most dominant US credit card firm. This deal holds the potential to significantly impact the banking and financial services (BFS) IT services market and providers. Capital One’s planned US$35.3

Banking 147

Banking Risk Management Risk Management Marketing 147

The Hackett Group

APRIL 13, 2023

MIAMI & LONDON, April 13, 2023 – The Hackett Group, Inc. NASDAQ: HCKT) today announced that its Market Intelligence Service has launched a new research project that will evaluate and rank finance and accounting outsourcing solutions providers. About The Hackett Group The Hackett Group, Inc.

Finance 96

Finance Research Accounting Outsourcing 96

IBM Services

MARCH 25, 2024

The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. As a result, their market would shrink.

Insurance 92

Insurance Service Accounting Risk Management 92

IBM Services

OCTOBER 23, 2023

Many enterprises have also deployed a hybrid multicloud environment that’s reliant on an ecosystem of different cloud service providers. Many enterprises have also deployed a hybrid multicloud environment that’s reliant on an ecosystem of different cloud service providers.

Risk Management 89

Risk Management Risk Management Regulations Banking 89

Everest Group

APRIL 16, 2024

Financial implications During the transition to a dollarized economy, global companies may face challenges in hedging due to foreign exchange fluctuations, necessitating careful currency risk management and financial strategy adaptation to maintain profitability. At that time, this salary translated to over US$2,000.

Banking 162

Banking Government Jobbing Risk Management 162

Groove Technology

MAY 7, 2024

In today’s globalized business environment, outsourcing IT functions is a strategic move for many companies looking to enhance service quality, reduce costs, and access a wider talent pool. This experience translates into better risk management, compliance, and understanding of global market nuances for their clients.

IT Outsourcing 130

IT Outsourcing Outsourcing Cybersecurity Software 130

Infosys Consulting

JUNE 15, 2023

In recent years, services related to blockchain and cryptocurrencies have attracted increasing attention on the financial markets. BaFin assumes that payment and value asset service providers are increasingly exposed to money laundering risks. The blockchain technology is indispensable in today’s world.

Regulations 98

Regulations E-Commerce Administrative Banking 98

Immedus

MAY 3, 2023

The report notes that, ultimately, application leaders must “balance hyper-automation, integration, emerging technology trends, and risk management” in their selection process. The line between services and software is blurring. However, this is a work in progress in most cases.

Payroll 52

Payroll Marketing Cybersecurity Robotics Process Automation 52

Amzur

JUNE 7, 2023

As we step into 2023-2024, it becomes crucial for CFOs to stay ahead of the curve by embracing emerging trends and understanding the shifting priorities that will shape the financial landscape. Conducting a comprehensive risk assessment is another vital step. Technology plays a pivotal role in effective compliance and risk management.

Finance 52

Finance E-Commerce Analytics Risk Management 52

Perficient Digital Transformation

AUGUST 16, 2023

On Monday, July 31, 2023, all four branches of Heartland Tri-State Bank were reopened as Dream First Bank branches. To speak to a Perficient consultant about RCSA or any of Perficient’s risk management and regulatory capabilities, click here. billion in deposits), the failure still poses lessons for bank executives.

Banking 52

Banking Regulations Risk Management Risk Management 52

The Hackett Group

DECEMBER 13, 2023

Companies Need Digital-Ready Contracts That Not Only Deliver Cost Reduction But Also Focus on Business Value Creation and Innovation Miami, FL – December 13, 2023 – A new Hackett Value Matrix analysis of 15 leading finance and accounting outsourcing (FAO) service providers by The Hackett Group, Inc.

Research 69

Research Service BPO Advisory 69

IBM Services

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. This is something we’re likely to see more of this year.

Service 51

Service Banking Risk Management Risk Management 51

IBM Services

DECEMBER 14, 2023

According to the 2023 Cost of a Data Breach report conducted by Ponemon Institute and sponsored by IBM , breaches with identification and containment times under 200 days cost organizations USD 3.93 Moreover, cloud environments were identified as frequent targets for cyberattacks in 2023. million—a 23% difference.

Cybersecurity 89

Cybersecurity Regulations Collaborations Payroll 89

IBM Services

FEBRUARY 8, 2024

The European Parliament reached a provisional agreement on the EU AI Act in December 2023, it is now making its way through the final phases of the legislative process and is expected to rollout in stages in the second half of 2024. Dec 19, 2023 The European AI Act is currently the most comprehensive legal framework for AI regulations.

Government 77

Government Regulations Risk Management Risk Management 77

Premier BPO

NOVEMBER 6, 2024

In 2023 alone, over 320 consumer goods in the United States had been recalled by their respective manufacturers, notably higher than the number of recalls in thelast few years. Food and Drug Administration (FDA): A Class I recall involves a product or a service that poses a reasonable risk of causing severe health consequences or death.

Outsourcing 130

Outsourcing Pharmaceuticals Customer Support Management 130

Vilmate

JANUARY 11, 2024

The year 2023 brought us a lot of exciting developments in the field of information technology. Today, we want to review the highlights of 2023 and discuss the significant events in the IT world. In 2023, the Web Summit took place in Lisbon, filling Portugal’s capital with fresh ideas and technological breakthroughs.

Cybersecurity 52

Cybersecurity Design Analytics Healthcare 52

Everest Group

MAY 26, 2023

This can lower alert fatigue and improve the mean time to detect or discover (MTTD), mean time to restore (MTTR), and threat coverage, and enhance overall risk management strategies while reducing total security operations costs.

Cybersecurity 130

Cybersecurity Automation Analytics Risk Management 130

Perficient Digital Transformation

JANUARY 3, 2024

For brokers, in the financial services sector, remote work became especially difficult due to the requirement for firms to register and supervise all home office “branches.” The SEC approved FINRA’s revisions to Rule 3110 in November 2023, with the effective date yet to be announced. Contact us today!

Service 52

Service Regulations Flexibility Risk Management 52

Perficient Digital Transformation

FEBRUARY 27, 2023

These days, as the US prepares to embrace real-time payments in 2023, the intersection of real-time payments and automation has become a key point of discussion. This change will force impacted stakeholders to reconsider their services, products, and operational procedures, thus generating new opportunities for automation.

Automation 64

Automation Banking Retail Risk Management 64

Perficient Digital Transformation

JANUARY 24, 2025

Regulatory Compliance & Risk Management Navigating the complex landscape of regulatory compliance and risk management is a critical challenge for acute care providers. Preliminary evidence of the use of generative AI in health care clinical services: Systematic narrative review. link] Lan, G., link] Yim, D.,

Healthcare 52

Healthcare Supply Chain Management Resource Optimizing Research 52

Amzur

JULY 11, 2024

78% of CIOs and other executives have adopted Cloud Solutions in most or all parts of their business: PwC Report, 2023. Optimize performance and adopt cloud services for enhanced efficiency. Low-Code/No-Code for Faster Innovation Consider low-code platforms to streamline application migration and integration with cloud services.

Data Entry 89

Data Entry Automation Analytics Efficiency 89

IBM Services

FEBRUARY 19, 2024

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. They can also provide access to new markets, technologies, and expertise, offering a competitive advantage.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

IBM Services

DECEMBER 4, 2023

The AI Ethics Board: a central, cross-disciplinary body that supports a centralized governance, review and decision-making process for IBM ethics policies, practices, communications, research, products and services. The Board recently published its point of view on foundation models addressing the risks that generative AI poses.

Government 80

Government Research Advisory Finance 80

Premier BPO

NOVEMBER 22, 2024

This closely matches the 2,459 recalls in the same period of 2023. 2 Besides stringent financial implications, brands risk losing years of consumer trust, damaged customer retention, and long-term profitability losses. Our Premier Sync framework ensures that each recall process is managed with precision, compliance, and care.

Outsourcing 100

Outsourcing Management Co-Sourcing Regulations 100

Perficient Digital Transformation

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. Until June 6 of this year, each of the federal bank regulators had provided the different organizations of that same firm with slightly different versions of their risk guidance.

Banking 52

Banking Management Regulations Risk Management 52

IBM Services

FEBRUARY 13, 2024

Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. This technology can also help reduce the risk of regulatory non-compliance.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Manufacturing 84

Future of Sourcing

APRIL 7, 2023

As the CEO of Riskonnect, can you speak to your company’s broader ESG and risk management efforts and any outcomes you’ve seen from these initiatives? We regularly look for ways to reduce the environmental impact of our facilities, computer hardware, and cloud infrastructure hosting services.

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

Perficient Digital Transformation

NOVEMBER 17, 2023

In our previous article, “ Transaction Accounts: Analyzing Deposit Stickiness in the Current Interest Rate Environment ,” Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) explored the sharp decline in transaction account balances over an 18-month period. Contact us today!

Retail 52

Retail Banking Accounting Risk Management 52

IBM Services

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2023. to total $678.8 billion in 2024, up from $563.6 Webex or Slack) hosted over the public internet.

Regulations 98

Regulations Flexibility Automation Software 98

Perficient Digital Transformation

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time. In the first quarter of 2023, these balances plunged over 40% due to reported U.S.

Accounting 52

Accounting Banking Retail Risk Management 52