risk-management
BusinessDanger, Bots at Work: The Risk of Botnets for Businesses
BankingEconometric Models and Machine Learning Models in the Banking Industry From Regulatory Perspective
Top StoriesU.s., EU Plan AI Road Map at Upcoming Trade, Technology Council Meeting
InvestingArtificial Intelligence: The Future of Investment
Are Banks Losing the Arms Race Against Criminals Regarding Aml?
Date: November 10, 2022
By Jo Priestley, Head of Financial Crime Expertise · Efficient Frontiers International According to the NCA, money laundering has the potential to become a national security issue due to London’s role in the global financial system[i]. It is not being taken lightly. Before, perceived deficiencies in anti-money laundering (AML) systems and controls would result in a substantial fine...
Firms Should Address Vulnerabilities Ahead of the Digital Operational Resilience Act (dora)
Date: November 9, 2022
By Alexandre Vandeput, ICT Risk Lead, Capco The abundance of virtual data, so integral to the financial services industry, presents some clear dangers to the safety of our money and personal information. At a time when digital vulnerabilities could lead to serious and potentially widespread disruptions to banks’ own systems, regulatory bodies are increasingly focusing...
Dollar Sinks, Sterling Jumps as Market Turns to Risk Assets
Date: November 7, 2022
By Joice Alves and Rae Wee LONDON/SINGAPORE (Reuters) – The U.S. dollar sank on Monday against the euro and sterling supported by a risk on sentiment and a rally in the European stocks market. A survey showed on Monday that investor morale in the euro zone improved in November, the first time it rose in...
How Comprehensive Network Intelligence Can Improve Cyber Resilience
Date: November 7, 2022
By John Moran Technical Director at Tufin IT infrastructure in financial organisations has grown in both size and complexity in recent years as companies undergo digital transformation. Networks are now more likely to be a blend of different architectures as businesses adopt multi-cloud approaches alongside legacy infrastructure. This shift has helped to establish a more...
Pulling the Trigger: Cloud Adoption Considerations for Today’s Bfsi Operators
Date: November 4, 2022
By Thomas LaRock, Head Geek™, SolarWinds Several years ago, any proposal to shift the core systems of banking, financial services, and insurance (BFSI) operations to the cloud would’ve been met with staunch opposition from top decision-makers. But as is the norm in finance, the tides have turned once again. Today, the biggest financial institutions have...
You Can’t Hope Your Way Out of Uncertainty, You Plan for It
Date: November 4, 2022
By Martin Moran, CEO of Orgvue Recent history has seen businesses face challenge after challenge. Record inflation, the impact of Russia’s invasion of Ukraine, the cost of living crisis and economic instability caused by bad political decisions are among the major events affecting organisations globally. Last month’s World Economic Outlook report from the International Monetary...