Everest Group

MAY 16, 2024

With an estimated total addressable market of US$80-85 billion in 2023, the penetration rate is no more than 15-17%. Niche services such as enterprise risk management and compliance will no longer remain as good-to-haves given the experience of the Big Four in these areas.

Service 162

Service Advisory Finance Accounting 162

IBM Services

DECEMBER 15, 2023

Open-source artificial intelligence (AI) refers to AI technologies where the source code is freely available for anyone to use, modify and distribute. Open-source AI projects and libraries, freely available on platforms like GitHub, fuel digital innovation in industries like healthcare, finance and education.

Sourcing 69

Sourcing Out-Tasking Research Collaborations 69

Everest Group

FEBRUARY 26, 2024

Increased deal activity will help banks sharpen their focus on core operations Macroeconomic uncertainty and rising interest rates slowed financial services dealmaking in 2023. Merged entities must swiftly adapt their operational models, delivery strategies, and sourcing decisions to excel in the evolving landscape.

Banking 147

Banking Risk Management Risk Management Marketing 147

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

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

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

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. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

Perficient Digital Transformation

JANUARY 24, 2025

Additionally, GenAI can synthesize data from disparate sources to identify missed charges and documentation gaps, ensuring accurate and complete billing. Regulatory Compliance & Risk Management Navigating the complex landscape of regulatory compliance and risk management is a critical challenge for acute care providers.

Healthcare 52

Healthcare Supply Chain Management Resource Optimizing Research 52

Premier BPO

NOVEMBER 22, 2024

Outsourcing recall management could be a smart, strategic move for modern businesses, as they can gain access to experts equipped with advanced systems and compliance knowledge. By working with a strategic co-sourcing partner , companies can mitigate risks, protect their reputation, and maintain operational continuity.

Outsourcing 100

Outsourcing Management Co-Sourcing Regulations 100

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

IBM Services

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more.

Regulations 82

Regulations Right-Sizing Government Accounting 82

Future of Sourcing

APRIL 7, 2023

In this series, Future of Sourcing is talking to practitioners, technologists and executives to get their insights and expertise on navigating current and future challenges impacting sourcing, procurement, risk and supply chain professionals. In 2023, Riskonnect joined the United Nations Global Compact initiative.

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

IBM Services

SEPTEMBER 15, 2023

These disclosures will need to be filed as part of the company annual 10-K statements, potentially as soon as the 2024 fiscal year if the final ruling is published by October 2023 as currently expected. Furthermore, companies would need to disclose the price and rationale for internal carbon prices.

Regulations 77

Regulations Analytics Government Automation 77

Future of Sourcing

MAY 23, 2023

A popular ride-hailing app , international airline , and world-renowned brewing company all experienced significant data breaches tied to third-parties in the first four months of 2023, and they’re not the only ones. Business leaders looking to improve their third-party risk management strategies should: 1.

Cybersecurity 52

Cybersecurity Risk Management Risk Management Pharmaceuticals 52

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.

Retail 52

Retail Banking Accounting Risk Management 52

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

IBM Services

JANUARY 30, 2024

billion in 2023. microservices, or microservices architecture ) and uses an open-source container orchestration platform (e.g., Managing multiple clouds calls for zero-trust security—an approach that assumes a complex network’s security is always at risk of external and internal threats. to total $678.8

Regulations 98

Regulations Flexibility Automation Software 98

Perficient Digital Transformation

APRIL 18, 2024

This work will be a challenge, but necessary for banks looking to grow as collaboration and cooperation drive revenues and banks unable to satisfy their borrowers or lenders will find it a challenge to compete in an ever-challenging financial landscape.”

Banking 52

Banking Regulations Retail Accounting 52

Perficient Digital Transformation

NOVEMBER 21, 2024

The compliance deadline, however, depends on the firm’s total receipts from calendar years 2023 and 2024. The ruling demands action from all non-depository firms (e.g., This effort carries out the personal financial data rights established by the Consumer Financial Protection Act of 2010 (CFPA).

Banking 52

Banking Accounting Regulations Engineering 52

Capgemini

JANUARY 19, 2023

While every enterprise recognizes the imperative to move forward by leveraging breakthrough technologies and evolving innovative products and services, some have also recognized that the sources of new thinking and ideas are evolving too. How can risk management cope with startups? trillion dollars by 2024, creating 4.2

Collaborations 52

Collaborations Sourcing Marketing Finance 52

SIG Speaks

NOVEMBER 7, 2022

With inflation challenges and a looming recession, we have the resources procurement leaders need to get a jump start on 2023! On November 9, Angela Easterwood from Majel Partners and Elizabeth Zucker from The Hackett Group, will share how flawless category management can be leveraged to address today’s dynamic sourcing challenges. .

Sourcing 40

Sourcing Collaborations Risk Management Risk Management 40

Amzur

FEBRUARY 20, 2025

The American Hospital Association (AHA) strongly advises senior hospital leaders to view cybersecurity as a strategic priority that should be deeply integrated into the organizations governance, risk management, and business continuity frameworks.

Healthcare 59

Healthcare Cybersecurity Automation Government 59

IBM Services

APRIL 21, 2023

CSRD key dates for organizations It’s critical to note that while key dates are a few years away for some, organizations subject to the new directives must start preparing their data foundation and sustainability reporting processes now to avoid any risk of non-compliance.

Regulations 44

Regulations Government Advisory Management 44

Magellan Solutions

JULY 19, 2021

Data entry outsourcing has a CAGR of 5% during the 2019-2023 which roughly means $350 million. Risk management efforts for retail banks are put into the spotlight because of the pandemic. Risk management. This is to balance loads, price energy, and manage infrastructure. Product analytics. Distribution.

Data Entry 52

Data Entry Outsourcing Analytics Retail 52

Everest Group

JUNE 30, 2024

billion penalty in 2023 due to lapses in anti-money laundering program. Traditionally, R&C outsourcing in the BFSI sector has been limited to areas like KYC, AML, credit risk, operational, and third-party risk management, with some audit support services. For example, Binance faced a US$4.3 So, what’s the solution?

Outsourcing 130

Outsourcing Insurance Banking Risk Management 130

Capgemini

MARCH 28, 2024

Why data may be the missing piece in your climate risk management strategy Franco Amalfi Mar 13, 2024 Facebook Linkedin Climate risks will always be a reality, but businesses now have the tools they need to monitor and predict problems and build plans for addressing them Climate risks are intensifying. events each year.

Risk Management 52

Risk Management Risk Management Management Regulations 52

Capgemini

JANUARY 30, 2025

Since the COVID-19 pandemic hit in 2020, organizations have become cautious and started taking a systematic approach to mitigating supply chain risks. Disruptions in key geographies continue to contribute to sourcing and logistical uncertainties, blocking the movement of goods.

Manufacturing 52

Manufacturing Supply Chain Management Collaborations Out-Tasking 52

Capgemini

NOVEMBER 22, 2023

Embedded Finance: unlocking the $500Bn opportunity Gareth Wilson 7 November 2023 Facebook Twitter Linkedin The revised Payment Services Directive (PSD2) was passed by the Council of the European Union in 2015, and widely implemented in 2017. To remain resilient, banks must build integrated risk management capabilities for embedded finance.

Finance 52

Finance E-Commerce Banking Retail 52

Capgemini

NOVEMBER 22, 2023

EU Crypto-Assets Regulation (MiCA): What Businesses Need to Know Patrick Stillman 10 November 2023 Facebook Twitter Linkedin This summer’s introduction of the Markets in Crypto-Assets ( MiCA ) is a significant step toward the harmonization of cryptocurrency regulation at the EU level. For further information, please see our Privacy Notice.

Regulations 52

Regulations Banking Advisory Government 52

Premier BPO

MARCH 13, 2025

Through June 2023, 600 U.S.-listed 1 These figures highlight a critical truth: businesses that fail to modernize their finance functions risk inefficiency, compliance pitfalls, and financial mismanagementall of which can erode profitability. listed companies reported material weaknesses in their accounting operations, a staggering 40.6%

Finance 130

Finance Accounting Outsourcing Co-Sourcing 130

Capgemini

NOVEMBER 22, 2023

VASP Model Validation Peter Weitzman 10 November 2023 Facebook Twitter Linkedin In the wake of high-profile bank collapses and increased regulatory scrutiny, banks are more reluctant to open their doors to virtual asset service providers (“VASPs”). VASPs in the United States are subject to U.S.

Banking 52

Banking Regulations Finance Risk Management 52

Capgemini

SEPTEMBER 22, 2023

Hence, more than 190 countries adopted the Kunming-Montreal Global Biodiversity Framework (GBF) in December 2022 [2] , committing to ambitious targets to protect and restore nature, and encouraging governments to introduce requirements for evaluation and disclosures of risks and impacts.

Government 52

Government Risk Management Risk Management Marketing 52

Everest Group

FEBRUARY 17, 2025

Snowflake a close competitor to Databricks acquired Samooha, a DCR technology provider in late 2023, and has since then integrated it within the Snowflake ecosystem and launched it as Snowflake Data Clean Rooms. As a first step, DCR collects data from various sources or parties. Reach out to discuss this topic in depth.

Supply Chain Management 130

Supply Chain Management Collaborations Retail Risk Management 130

Premier BPO

NOVEMBER 22, 2024

Outsourcing recall management could be a smart, strategic move for modern businesses, as they can gain access to experts equipped with advanced systems and compliance knowledge. By working with a strategic co-sourcing partner , companies can mitigate risks, protect their reputation, and maintain operational continuity.

Outsourcing 100

Outsourcing Management Co-Sourcing BPO 100

The Scalers

DECEMBER 4, 2024

For instance, Fusion Risk Management, a US software company, has developed a new AI-powered assistant called Resilience Copilot. This tool aims to help organisations manage operational risks by automatically analysing large amounts of data, identifying key issues, and providing recommendations to decision-makers.

Supply Chain Management 91

Supply Chain Management Offshoring Cybersecurity Healthcare 91

Capgemini

APRIL 3, 2024

Auditing ChatGPT – part II Grégoire Martinon, Aymen Mejri, Hadrien Strichard, Alex Marandon, Hao Li Jan 12, 2024 Facebook Linkedin A Survival Issue for LLMs in Europe Large Language Models (LLMs) have been one of the most dominant trends of 2023. Risk management and setting up evaluation protocols.

Regulations 52

Regulations Out-Tasking Research Engineering 52

Capgemini

JANUARY 22, 2025

Reducing financial risks of climate change with advanced data and modeling Franco Amalfi 22 Jan 2025 Facebook Twitter Linkedin Capgemini Business for Planet Modeling uses the intelligence of Google Cloud capabilities to assess the impact of climate change on corporate financials and accelerate sustainable growth. trillion and $3.1

Co-Sourcing 52

Co-Sourcing Banking Risk Management Risk Management 52