Remove Cybersecurity Remove Risk Management Remove Streamline Operations
article thumbnail

Market Recommendations for Global Payroll in 2023

Immedus

The report notes that, ultimately, application leaders must “balance hyper-automation, integration, emerging technology trends, and risk management” in their selection process. To that end, we remain committed to streamlining our platform, leveraging modern RPA and ML, and building a robust set of security features.

Payroll 52
article thumbnail

OCC Considers Artificial Intelligence an Emerging Risk in Banking

Perficient Digital Transformation

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Banking 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Choosing Business Outsourcing Companies

Intugo

Risk Management: Assessing business outsourcing companies and their risk management strategies, contingency plans, and disaster recovery mechanisms is essential. Their ability to anticipate, mitigate, and manage risks safeguards your interests and ensures business continuity.

article thumbnail

AI Regulations for Financial Services: OCC

Perficient Digital Transformation

The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks. Co-pilots: Software supported and enabled traders to operate more efficiently and swiftly.

article thumbnail

Tech Solutions Outsourcing: Driving Innovation and Efficiency

NoonDalton

Over the last few years, the technology sector has increasingly turned to outsourcing as a strategic tool to enhance competitiveness and operational agility. This trend isn’t just about delegating routine tasks; it’s about embracing external expertise to drive innovation and streamline operations.

article thumbnail

Finance Digital Transformation: Preparing For The Digital Future

Planergy Software

This new digital strategy also uses predictive analysis to detect patterns, and predict outcomes, while offering better risk management capability. While you may run into some roadblocks such as dealing with non-digital suppliers and customers, adopting these initiatives can help you streamline operations across your entire business.

Finance 52
article thumbnail

A digital edge for financial services: Navigating cybersecurity in the era of the Digital Operational Resilience Act (DORA)

Capgemini

With cyber threats looming large, DORA aims to strengthen operational resilience in the financial sector, requiring a fundamental shift in cybersecurity governance. In addition, proactive threat mitigation, robust risk management frameworks, and diligent third-party risk management are essential to DORA compliance.