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Risk Management Data Strategy – Insights from an Inquisitive Overseer

Perficient Digital Transformation

We are witnessing a sea-change in the way data is managed by banks and financial institutions all over the world. Data being commoditized and, in some cases, even monetized by banks is the order of the day. Though this seems to be at a stage where some more push is required in terms of adoption in the risk management function.

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SVB Aftermath: How Will the Bank Failures Impact the Technology Services Industry? | Blog

Everest Group

With the recent banking implosion, the global financial services industry , technology companies, and service providers will be hit in different ways. Let’s explore the reverberations of these concerning banking trends. We believe this will start a domino effect impacting banking regulations, profitability, and technology spend.

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Decoding the EU AI Act: What it Means for Financial Services Firms | Blog

Everest Group

Crucially, a cross-functional team should be formed to oversee AI risk management, drive compliance efforts, and execute mitigation plans across the organization. By taking these steps, enterprises can future-proof their AI initiatives while upholding the standards set forth by the landmark regulation.

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Strategies to Kickstart Process Improvements in Banking

Automation Anywhere

The lines between banks and banking are blurring more and more. Traditional banking and financial services firms have been slow to react. Traditional banking and financial services firms have been slow to react. Successful banking process improvement requires placing equal importance on internal and external forces.

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Navigating the New Landscape: How DORA Regulations Will Reshape the Future of Financial Services | Blog

Everest Group

Financial institutions’ reliance on information and communication technologies (ICT) for core operations brings immense opportunities in today’s digital world but also exposes banks, investment firms, insurers, and other financial entities to significant cyber threats and operational risks.

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The Case for a Government Chief Risk Officer (From the Extreme Risk Podcast)

Risk Guide

Risk Guide is delighted to bring a very special short episode from the very first series of our Extreme Risk Podcast in collaboration with Runderc. For further information about Mykhailo and his career, you can find the Risk Managers Getting Coffee series on: [link]. About the Podcast.

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Build trust in banking with data lineage

IBM Services

Trust is the cornerstone on which the banking industry is built. When consumers lose trust in a bank’s ability to manage risk, the system stops working. Put simply, consumers trust banks to keep their money safe and return the money when requested. But there’s trust on the business side, too.

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