Industry News

In the rapidly evolving sectors of finance and governance, managing risk amidst vast, global networks of individuals and organizations is crucial. Leaders tasked with overseeing institutional risk exposure are increasingly looking towards innovative solutions to balance growth and risk management effectively. Enter Large Language Models (LLMs) like GPT-4 – the new frontier in AI, sparking a revolution in fields such as natural language processing (NLP). Despite the inherent risks associated with emerging technologies, the potential of LLMs to significantly contribute to future risk assessment products is becoming increasingly evident.

Deutsche Bank has unveiled an estimate today that its revenues from ESG business will grow to around €1.4bn per year, ahead of €800bn secured last year.

Amynta Group, a premier insurance services company, is to acquire Ambridge Group, a Managing General Underwriter (MGU), for $400m.

RegTech firm Flagright recently took a deep dive into the topic of customer ID verification and how it is changing in the digital age. 

Todyl, a leading security and networking firm, has recently announced a significant milestone, securing a $50m Series B funding round.

Creditspring's research reveals a reliance on BNPL services among young people in the UK, particularly for managing Christmas expenses.

Preqin, a global leader in alternative assets data, tools, and insights, announced today the launch of its ESG fund performance benchmarks.

Chris Inglis, the US government’s first National Cyber Director, has retired from government and has officially left his position.

Intercontinental Exchange Triumphs in $155m Black Knight Software Suit

Hippo, a home insurance group focused on proactive home protection, has expanded its channel with the launch of the Hippo Builder Insurance Agency (HBIA).