Everest Group

FEBRUARY 22, 2024

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.

Regulations 147

Regulations Service Cybersecurity Risk Management 147

IBM Services

FEBRUARY 8, 2024

” European Parliament News The EU AI Act in brief The primary focus of the EU AI Act is to strengthen regulatory compliance in the areas of risk management, data protection, quality management systems, transparency, human oversight, accuracy, robustness and cyber security.

Government 77

Government Regulations Risk Management Risk Management 77

Perficient Digital Transformation

AUGUST 3, 2023

Highly regulated industries, such as the financial services industry, are especially interested in generative AI’s capabilities surrounding how it can support ever-transient regulatory and data governance demands. Using generative AI for such purposes gives human resources more bandwidth to thoroughly investigate suspicious incidents.

Risk Management 19

Risk Management Risk Management Service Insurance 19

Everest Group

SEPTEMBER 14, 2022

At its end, the US federal government has taken a serious stance against cybercriminals and has been proactively making laws on a range of security challenges, such as Operational Technology (OT) security and data privacy laws such as the California Consumer Privacy Act (CCPA). Building a Resilient Supplier Cyber Risk Management Strategy.

Cybersecurity 130

Cybersecurity Service Insurance Risk Management 130

Neo Group

SEPTEMBER 24, 2020

It’s a big year for governance. COVID-19 has influenced thinking and spurred action among governance leaders. In this panel, leaders from the financial and insurance sectors discuss how regulations and compliance have to increasingly be included in ongoing governance. We are a proud sponsor.

Government 52

Government Co-Sourcing Advisory Regulations 52

IBM Services

DECEMBER 4, 2023

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

Insurance 56

Insurance Cybersecurity Risk Management Risk Management 56

Everest Group

MARCH 16, 2023

Banks with sector-specific concentration risks, specializing in two or three sectors, have grown deposits in the last couple of years and also have a higher percentage of customers with average deposits exceeding the FDIC-insured limit, putting them at higher risk. Banks’ risk management functions also will be scrutinized again.

Banking 130

Banking Service Right-Sizing Risk Management 130

Risk Guide

AUGUST 12, 2022

By Liz Booth for Commercial Risk. A leading Ukrainian risk manager has told Commercial Risk Europe about some of the biggest challenges facing his profession as the Russian invasion continues. They are still paying Ukrainian tax, so government still has an income, which in turn means it can pay its employees ,” he added.

Insurance 72

Insurance Risk Management Risk Management Banking 72

Perficient Digital Transformation

AUGUST 15, 2024

– These are the exact words (with a couple of expletives, that I cannot quote here) – a senior fund administrator from a large investment firm uttered when we were presenting about environment aware financial risk management. How does it impact me?

Government 52

Government Banking Regulations Risk Management 52

Perficient Digital Transformation

AUGUST 15, 2024

– These are the exact words (with a couple of expletives, that I cannot quote here) – a senior fund administrator from a large investment firm uttered when we were presenting about environment aware financial risk management. How does it impact me?

Government 52

Government Banking Regulations Risk Management 52

Everest Group

NOVEMBER 16, 2022

Global Business Services (GBS) organizations have a big opportunity to champion Environment, Social, and Governance (ESG) in banking and financial services (BFS) institutions. Capital market firms are embracing green underwriting, while asset and wealth managers are steadily moving toward ESG investing.

Sourcing 130

Sourcing Banking Global Business Services Out-Tasking 130

Velocity Global

NOVEMBER 14, 2022

A PEO is a B2B service company that allows its clients to outsource a range of employee management tasks, including: Employee benefits. Risk management. The PEO takes all the employees of their clients and pools them to help drive down rates on things like insurance, payroll, training, and risk. Recruiting.

Payroll 98

Payroll Administrative Insurance Right-Sizing 98

Hyland

JUNE 13, 2022

Whether you work for a hospital, a university, a tech company or a local government office, choosing a feasible initial implementation for RPA is crucial. RPA government and public sector use cases include: Home care support. RPA insurance use cases include: Auto insurance claims processing. Previous car insurance.

Robotics Process Automation 98

Robotics Process Automation Human Resources Out-Tasking Insurance 98

SIG Speaks

AUGUST 24, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Steve Williams provides a look through Johari’s Window, and how knowing what we know and don’t know can unlock our understanding of a company’s risk profile while supporting it through negotiated contracts and governance.

Government 40

Government Risk Management Risk Management Cybersecurity 40

Perficient Digital Transformation

OCTOBER 8, 2024

At Dreamforce 2024, Perficient explored the integration of Databricks and Salesforce Data Cloud, focusing on an insurance industry use case. Business Scenario: Insurance with Real-Time Customer Data The session featured a real-world auto insurance scenario. Controls: Ensuring governance and risk management of AI systems.

Insurance 52

Insurance Government Flexibility Manufacturing 52

IBM Services

DECEMBER 8, 2023

Compliance risk: When an organization violates rules both internal and external, putting its reputation or finances at risk. Legal risk: This is a compliance risk that involves the organization breaking government rules, resulting in a risk of financial and reputational loss.

Risk Management 72

Risk Management Risk Management Insurance Cybersecurity 72

Perficient Digital Transformation

SEPTEMBER 16, 2022

Risks Highlighted by the Fed in the Supervisory Letter Include: Money laundering – The letter emphasizes that crypto-related financing poses heightened risks associated with the governance of the underlying network as well as cybersecurity. The Federal Deposit Insurance Act. Financial risk.

Banking 64

Banking Regulations Risk Management Risk Management 64

IBM Services

MARCH 20, 2024

This is evident from emerging regulatory requirements and expectations in UK (Bank of England’s Critical Third-Party regime), Europe (Digital Operational Resilience Act)), Australia (APRA CPS-230 Operational Risk Management) and Canada (OSFI – Operational Resilience and Operational Risk Management), etc.

Cybersecurity 78

Cybersecurity Regulations Banking Risk Management 78

inDinero

MAY 13, 2024

It’s money collected from employee wages and used to fund Social Security, Medicare, unemployment insurance, and other government programs. Since businesses are responsible for calculating, withholding, and remitting the tax to the government, navigating this process can be an administrative challenge. What is payroll tax?

Payroll 52

Payroll Insurance Out-Tasking Government 52

inDinero

MAY 13, 2024

It’s money collected from employee wages and used to fund Social Security, Medicare, unemployment insurance, and other government programs. Since businesses are responsible for calculating, withholding, and remitting the tax to the government, navigating this process can be an administrative challenge. What is payroll tax?

Payroll 52

Payroll Insurance Out-Tasking Government 52

NoonDalton

APRIL 12, 2022

HR personnel are now involved in recruiting, hiring, training, morale-building, policy-making, risk management, and other activities. Regulations governing the Affordable Care Act and the Family Medical Leave Act, for example, take effect at the 50-employee milestone. Allow Employees to be More Strategic.

Outsourcing 98

Outsourcing Human Resources Payroll Jobbing 98

Perficient Digital Transformation

JANUARY 13, 2022

Amazon Web Services (AWS) provides healthcare and insurance companies with the IT components they need to make their applications HIPAA and HITECH compliant. Amazon KMS presents a single point to manage your keys consistently across your entire AWS portfolio. Governance. They also have rules for safety and individual rights.

Healthcare 69

Healthcare Government Insurance Administrative 69

Capgemini

OCTOBER 30, 2024

They highlighted how data, artificial intelligence, and collaboration will be critical for setting and achieving environmental, social, and governance (ESG) goals in the financial sector. They touched upon reporting, risk management, growth, innovation, and much more. What follows are key takeaways from the panel.

Banking 52

Banking Service Insurance Finance 52

Perficient Digital Transformation

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry.

Inventory Management 52

Inventory Management Regulations Banking Government 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Environmental Risks This one is especially important for businesses focused on environmental, social, and governance (ESG) issues. Take, for instance, Brexit, and its adverse effect on trade.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

NoonDalton

OCTOBER 24, 2022

A robust benefits package for employees, one that includes health insurance, a retirement plan, and more, may both retain current staff members and provide your business a recruiting advantage. Risk Management. Not only do HR teams manage employee relations and anti-discrimination initiatives. Employee Benefits Admin.

Outsourcing 80

Outsourcing Payroll Out-Tasking Right-Sizing 80

Perficient Digital Transformation

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

Inventory Management 52

Inventory Management Regulations Banking Government 52

Capgemini

OCTOBER 10, 2024

Google takes a “shared fate” approach to security, meaning the company invests heavily in client outcomes – providing more prescriptive guidance and blueprints, which optimizes security in an opt-out approach that reduces overall risk as services in the cloud are built and migrated.

Insurance 52

Insurance Regulations Government Manufacturing 52

IBM Services

FEBRUARY 15, 2024

Meanwhile, insurance companies are increasingly declining to provide property insurance in areas vulnerable to extreme weather, leaving homeowners there at greater financial risk. government’s National Climate Assessment , “failure of the electrical grid can affect everything from water treatment to public health.”

Insurance 63

Insurance Banking Risk Management Risk Management 63

inDinero

JULY 8, 2021

A company’s creditworthiness impacts a business owner’s loan terms, liability insurance premiums, and the regard of investors, vendors, and clients. For example: USAA Federal Savings Bank paid $85 million for violations of its compliance risk management and cybersecurity programs found by the Office of the Comptroller of Currency.

Banking 69

Banking Accounting Regulations Government 69

Capgemini

NOVEMBER 30, 2022

The banks and insurers don’t have a choice but to start to collaborate,” Parmar says. “So, By procuring data from a variety of sources, they can enrich their own data and improve in areas like risk management. Privacy is not just about the technology and the government’s regulations or the processes,” Parmar says. “A

Service 52

Service Finance Risk Management Risk Management 52

SIG Speaks

NOVEMBER 4, 2022

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jamie Huntington shares her thoughts on why Due Diligence is so essential in the third-party risk management process. These contractors' safety, insurance, judgments, and environmental practices were evaluated.

Risk Management 40

Risk Management Risk Management Government Insurance 40

Infosys Consulting

AUGUST 12, 2021

In addition, ISO20022 adoption also reduces financial crime, security, improving processing and settlement, resiliency, agility to adopt new technology, strengthen risk management, and promote competition and innovation factors. David has held Wealth Distribution/Products, Lending, Credit management, and Corporate Bank roles.

Banking 52

Banking Government Insurance Retail 52

Metasource

SEPTEMBER 5, 2024

Financial Risk Management : AI-driven intelligent decision support systems provide robust tools for better financial risk management. AI can assess credit risks by evaluating financial indicators and customer behaviors, leading to more accurate assessments and better lending decisions.

Automation 52

Automation Robotics Process Automation Data Entry Healthcare 52

Infosys Consulting

SEPTEMBER 23, 2021

Internal operational, governance, fraud management, and risk management. The increased information fidelity needs to be leveraged for risk management, crime management, and sanctions checking. David has held Wealth Distribution/Products, Lending, Credit management, and Corporate Bank roles.

Banking 52

Banking Retail Government Risk Management 52

Risk Guide

FEBRUARY 17, 2021

Defi platforms allow people to lend or borrow funds from others, insure against risks, trade and speculate as well as earn interest in a savings-like account. It does away with the usual financial intermediaries such as brokerages, exchanges, or banks.

Banking 59

Banking Finance Insurance Regulations 59

Paysquare

MAY 27, 2023

An EOR can take on the employer responsibilities for a company, managing all aspects of migration, joining and on-boarding, benefits administration, payroll management, compliance and risk management, employee query resolution, and exit management.

Management 52

Management Payroll Administrative Regulations 52