Perficient Digital Transformation

OCTOBER 12, 2022

This includes measurement of risk, assessment, retention, monitoring, and identification. Compliance : Ensuring that activities within an organization operate in a way that is aligned with laws and regulations. ServiceNow GRC helps transform inefficient processes across your extended enterprise into an integrated risk program.

Risk Management 111

Risk Management Risk Management Government Automation 111

IBM Services

FEBRUARY 8, 2024

Similar to GDPR for privacy, the EU AI Act has potential to set the tone for upcoming AI regulations worldwide. The EU AI Act aims to meet the challenge to develop and deploy AI responsibly across industries including those that are highly regulated such as healthcare, finance and energy. million euros or 1.5%

Government 77

Government Regulations Risk Management Risk Management 77

Perficient Digital Transformation

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. This has challenged many organizations to better optimize and intelligently automate business processes and experiences.

Regulations 52

Regulations Efficiency Healthcare Automation 52

IBM Services

OCTOBER 30, 2023

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. million, representing a 15.3% increase from 2020.

Cybersecurity 78

Cybersecurity Regulations Risk Management Risk Management 78

Metasource

SEPTEMBER 5, 2024

While robotic process automation (RPA) has made significant strides by streamlining repetitive tasks, it’s safe to say it’s not perfect and often falls short when dealing with more complex and dynamic processes. This leads to faster invoice approvals, better cash flow management, and significant cost savings for organizations.

Automation 52

Automation Robotics Process Automation Data Entry Healthcare 52

IBM Services

DECEMBER 4, 2023

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states.

Right-Sizing 92

Right-Sizing Risk Management Risk Management Regulations 92

IBM Services

FEBRUARY 13, 2024

Automate tedious, repetitive tasks. Healthcare, insurance and education are more hesitant due to the legal and compliance efforts to which they must adhere—and the lack of insight, transparency and regulation in generative AI. Design content, ad campaigns and innovative products that build better customer experiences.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

31 West

JANUARY 31, 2023

Improved Compliance and Risk Management As the collected data volume grows, compliance has moved to the top of the list of companies’ priorities. Data Discovery for Compliance Being compliant with privacy laws and other data protection regulations is vital for the survival of a business these days. Let’s go through them here: 1.

Risk Management 130

Risk Management Risk Management Sourcing Regulations 130

IBM Services

JANUARY 30, 2024

Kubernetes , Docker Swarm ) to automate the deployment of apps across on-premises data centers, public cloud, private cloud and edge settings. Referred to as a centralized cloud management platform (CMP), this dynamic, secure multicloud management solution allows IT teams to build, manage, monitor and govern their multicloud ecosystems.

Regulations 98

Regulations Flexibility Automation Healthcare 98

IBM Services

MAY 9, 2023

There are 3 main reasons why organizations struggle with adopting AI: a lack of confidence in operationalizing AI, challenges around managing risk and reputation, and scaling with growing AI regulations. This solution is designed to include everything needed to develop a consistent transparent model management process.

Government 74

Government Regulations Automation Design 74

IBM Services

SEPTEMBER 15, 2023

Globally, there has been an uptick of landmark regulations forcing companies to address sustainability issues like climate change, and to disclose the work they are doing to address these issues. For example, the regulated disclosures could be anything from estimates around Scope 3 emissions, to investor-grade data.

Regulations 77

Regulations Analytics Government Automation 77

SIG Speaks

APRIL 4, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.

Risk Management 40

Risk Management Risk Management Government Management 40

Amzur

SEPTEMBER 10, 2024

Cloud Optimization and Management CloudHealth by VMware. Cost management, performance monitoring, automation. Automated IT Operations UiPath Robotic Process Automation (RPA), AI-driven workflows, task automation. Optimizes cloud spend, ensures cloud governance, and enhances resource allocation.

Robotics Process Automation 95

Robotics Process Automation Cybersecurity Analytics Government 95

Automation Anywhere

APRIL 27, 2022

FortressIQ is now part of Automation Anywhere, and its offering is now our process intelligence product FortressIQ. Your external customers, regulators, consultants, and experts are the ones who understand the direction of the market. The lines between banks and banking are blurring more and more.

Banking 98

Banking Robotics Process Automation Automation Efficiency 98

Groove Technology

FEBRUARY 5, 2022

DevOps aims to accelerate the delivery of high-quality software solutions by automating and merging the work of development (Dev) and IT operations (Ops), which are normally performed independently. The DevOps lifecycle is a collection of iterative and automated development procedures (sometimes referred to as workflows). Deployment.

Outsourcing 130

Outsourcing Collaborations Software Automation 130

Automation Anywhere

MAY 18, 2022

FortressIQ is now part of Automation Anywhere, and its offering is now our process intelligence product FortressIQ The Covid-19 pandemic has exacerbated operational risks while increasing economic and business uncertainty. But it all starts by decoding how FSIs work today. Automation Anywhere FortressIQ Can Help.

Service 90

Service External Service Provider Out-Tasking Cybersecurity 90

Magellan Solutions

AUGUST 6, 2023

AI tools for accountants can automate repetitive tasks, enhance fraud detection, enable predictive modeling, and simplify compliance procedures. Automation of Mundane Tasks AI can automate repetitive and time-consuming accounting tasks like consolidating accounts payable and accounts receivables, data entry , and bookkeeping.

Accounting 98

Accounting Finance Data Entry Out-Tasking 98

IBM Services

FEBRUARY 22, 2024

With our long history of working with clients across the globe—and especially in highly regulated industries—we understand the unique requirements enterprises are facing and are prepared to help them address their emerging regulatory demands. In just a few years, we have helped some of the world’s leading banks transform.

Regulations 78

Regulations Cybersecurity Design Banking 78

IBM Services

MARCH 4, 2024

For instance, when automating password change requests, do you need a 175 billion parameter public foundation model, a fine-tuned smaller model, or AI orchestration to call APIs? Financial/criminal: Violations of existing and emerging data and AI regulations. When should you prompt-tune or fine-tune?

Government 103

Government Co-Sourcing Engineering Risk Management 103

Everest Group

MAY 24, 2024

However, this unprecedented growth has also raised concerns about the potential risks associated with the unchecked use of AI, prompting the need for regulations to ensure the responsible development and deployment of these powerful technologies.

Service 64

Service Risk Management Risk Management Cybersecurity 64

Zinnov

OCTOBER 22, 2021

Nischay Mittal, Principal & Global Head — Automation/AI, Zinnov; Dushan Garg, Engagement Manager, Zinnov. An enterprise may have realized that there is a need for an Automation COE , maybe even built a few automations and defined some key objectives. Build Operate Transfer Model for an Automation COE.

Automation 52

Automation Offshoring Government Outsourcing 52

Amzur

JULY 18, 2024

Risk Management Objective: Identify potential risks and develop mitigation strategies. Action Steps: Conduct a risk assessment to identify potential challenges and vulnerabilities. Develop a risk management plan, including rapid vulnerability detection, data encryption, backup solutions, and disaster recovery protocols.

Risk Management 107

Risk Management Risk Management Flexibility Cost Control 107

IBM Services

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. It allows for automation and integrations with existing databases and provides tools that permit a simplified setup and user experience.

Government 75

Government Management Risk Management Risk Management 75

Perficient Digital Transformation

JUNE 19, 2024

The event brought together the world’s top financial institutions and regulators to discuss the future of non-financial risk and control. Even if not fully effective initially, generative AI software will gradually reduce false positives, improving the value of risk findings over time.

Out-Tasking 52

Out-Tasking Automation Risk Management Risk Management 52

Paysquare

SEPTEMBER 4, 2023

In between these important activities, it not possible for the HR team to manually calculate payroll, dispatch salaries, and manage deductions. Even regulations and laws are modified and incorporating these changing rules in your payroll structure is complicated. No outsider should get access to your data under any circumstances.

Payroll 95

Payroll Out-Tasking Managed Services Insurance 95

inDinero

SEPTEMBER 21, 2024

Finally, utilize financial technology such as cloud-based tools and financial dashboards to automate processes and provide real-time insights. As regulations and organizational needs change, updating your policies guarantees ongoing compliance and operational effectiveness.

Management 98

Management Accounting Collaborations Finance 98

Globalization Partners

MARCH 17, 2022

Yes, it can be scary navigating international waters, and there are lots of requirements and regulations to deal with, but there are also many solutions designed to make the process easier and smoother. This exposes companies to sanctions and penalties for failing to comply with in-country requirements and regulations.

Regulations 98

Regulations Payroll Out-Tasking Risk Management 98

IBM Services

APRIL 20, 2023

Maintaining trust in data Today, large banks are implementing data governance solutions to streamline data discovery, ensure the quality of data assets and manage data privacy. To help stay compliant, these organizations need to verify the accuracy and completeness of the data elements used in risk models.

Banking 70

Banking Government Risk Management Risk Management 70

IBM Business Partners

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Notably, DORA also applies to some entities typically excluded from financial regulations.

Cybersecurity 74

Cybersecurity Regulations Flexibility Banking 74

IBM Services

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Service 59

Service Banking Cybersecurity Regulations 59

Perficient Digital Transformation

SEPTEMBER 7, 2022

In my previous post, we looked at what the Three Little Pigs taught me about risk management. This requires faster, more efficient, and more intimate knowledge of our products and the risk benefit paradigm. That also means understanding and complying with the regulations for the full life cycle of our products.

Regulations 64

Regulations Call Center Healthcare Analytics 64

IBM Services

FEBRUARY 13, 2024

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

Obobo

JANUARY 12, 2023

What is an Automated Vendor Risk Assessment? Vendor risk management is an important part of any business’s operational processes, and it’s essential for organizations to ensure that their vendors are compliant with industry standards. One way to do this is through an automated vendor risk assessment (AVRA).

Automation 40

Automation Reduced Costs Risk Management Risk Management 40

IBM Services

APRIL 11, 2024

One of the biggest challenges these organizations face is evolving regulations related to payments. To modernize, remain competitive and be compliant with regulations requires organizations to work with a “trusted” technology partner who can help to bring together their traditional payment practices and innovative solutions.

Banking 62

Banking Regulations Accounting Flexibility 62

IBM Services

JANUARY 30, 2024

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Healthcare: Support telemedicine and patient data analytics, requiring stringent compliance regulations.

E-Commerce 77

E-Commerce Manufacturing Analytics Flexibility 77

IBM Business Partners

MAY 23, 2023

The AUP report is available to clients for their internal risk management practices and for demonstrating due diligence and oversight of their cloud service providers to their regulators. Contact your IBM account team to obtain a copy of the AUP report.

Service 65

Service Administrative Risk Management Risk Management 65

Avasant

APRIL 8, 2021

Meanwhile, the regulatory environment is increasingly complex, particularly for multinational companies , as they struggle to comply with sometimes conflicting regulations across regions. Risks have changed with a growing cloud environment and increasingly diverse IT service portfolio.

Service 52

Service Regulations Risk Management Risk Management 52