Marsh, a prominent player in the insurance industry, has appointed Lorraine Stack as the new Risk Management Leader for Europe, effective immediately.

The relentless advancement of artificial intelligence (AI) in banking is a game-changer in the ongoing war against financial crime. Financial institutions of every size are turning to AI to bolster their anti-money laundering (AML) capabilities. The effectiveness of AI varies across different applications, necessitating purpose-built technologies for optimal performance. These AI solutions empower banks to identify suspicious activities in real...

Shepherd has recently concluded a successful $13.5m Series A funding round and concurrently launched an innovative AI-powered offering known as Shepherd Compliance.

In an era marked by shrinking operating margins, investment firms worldwide are intensifying their focus on financial discipline and the strategic forecasting of business growth. A new whitepaper from Aiviq delves into the reasons behind this shift and outlines how the industry is constructing the foundation for comprehensive firm-wide profitability modelling. It also highlights the integration of scenario planning within...

In a recent groundbreaking market research conducted in the UK by everyoneINVESTED, a significant revelation was made regarding investors' awareness of investment risks. The study, which delved deep into the intricacies of investment risk, found that individuals with prior investment experience, particularly those who had been profiled, demonstrated a heightened awareness and understanding of the risks associated with their investment choices.

Spotr, a Dutch AI-powered property data platform, has recently garnered €4.5m in funding to bolster its mission of constructing the world's most reliable and expansive image-driven property database.

Xceedance, a global leader in insurance sector support, technology, and data services, has unveiled its latest innovation, the MGA Agility Suite.

In the competitive landscape of banking, customer onboarding emerges as a pivotal phase, with customer due diligence standing at its core. When managed poorly, the onboarding process can deter potential clients, causing banks to miss out on new revenue streams. Conversely, hasty or inaccurate due diligence could lead to the acquisition of customers who pose commercial and reputational risks, potentially incurring hefty regulatory fines.

In the realm of financial services technology, navigating through legacy systems and enhancing data quality are pivotal concerns that most organisations grapple with. TAINA, a leader in this field, acknowledges these challenges and has dedicated extensive efforts to develop a suite of tools and methodologies aimed at simplifying the data migration process.

WealthManagement.com’s survey included 371 respondents from advisors, c-suite executives and others across RIAs, Insurance firms, Regional investment firms, Wirehouse firms and Bank brokerages from around the world. When it comes to delivering value, certain technology solutions stand out for their return on investment (ROI). Over time, financial planning, portfolio management, customer relationship management (CRM), and client communication tools have consistently...