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Capital Markets IT Services PEAK Matrix® Assessment 2024

Everest Group

Capital Markets IT Services PEAK Matrix® Assessment The capital markets industry is transforming to enhance operational efficiencies and reduce costs. Firms are streamlining operations by automating processes, integrating new technologies, and outsourcing non-core activities such as IT management and back-office functions.

Marketing 130
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Unleashing IT Industry Growth Potential with Asset-Based Business Models | Blog

Everest Group

Asset-based models are appealing because they help promote client loyalty, streamline operational costs, expedite market entry, and provide a competitive edge. An asset-centric business model revolves around a strong foundation of digital assets like products and platforms.

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AI Regulations for Financial Services: OCC

Perficient Digital Transformation

The impacts of AI on consumers, banks, nonbank financial institutions, and the financial system’s stability are all concerns to be investigated and potentially addressed by regulators. Hsu discussed the systemic risk implications of AI in banking and finance using a “tool or weapon” approach.

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Mastering the Numbers Game: RPA's Impact on Finance and Accounting

V-Soft Consulting

Robotic process automation (RPA) has emerged as a crucial tool in the finance and accounting sector, playing a strategic role in streamlining operations. Ultimately this leads to improved work productivity, enhanced efficiency, higher ROI, and reduces costs and efforts.

Finance 98
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OCC Considers Artificial Intelligence an Emerging Risk in Banking

Perficient Digital Transformation

To help shed light on this matter, Perficient’s Financial Services Risk and Regulatory Center of Excellence (CoE) researched the topic extensively and discovered that the Office of the Comptroller of the Currency (OCC) has classified AI as an emerging risk to the banking industry.

Banking 52
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Banking, Financial Services & Insurance Outsourcing to Hit $277B

SourceFit

The global banking, financial services and insurance (BFSI) outsourcing market is expected to be worth more than $277 billion by 2020, according to a recent report released by Technavio. Demand was driven by economic uncertainty and regulatory pressures faced by banks and financial institutions. Staff Leasing Philippines.

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Automating The Finance Function: The Future of Finance

Planergy Software

Banks and credit unions alike already employ artificial intelligence to better analyze customer spending habits based on prior purchasing. This enables banks and their customers to get a handle on any possible fraud issues before they become a major issue for all parties involved. Streamlines operations.

Finance 98