Tag: Data

How to identify the best ESRS solution for you

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS tool?

How can firms leverage generative AI for their ESG-related processes?

Environmental, social and governance (ESG) and artificial intelligence (AI) are two of the biggest trends in the finance world, but working together they can potentially transform how businesses operate.

Verisk welcomes Greg Hendrick to its Board of Directors

Verisk, a leading global data analytics and technology provider, has welcomed Greg Hendrick as its new independent director on the Board of Directors.

How wealth management firms can get ready for generative AI

Earlier this month, OpenAI unveiled its latest advancement in the world of generative AI, Sora. Unlike ChatGPT, its previous revolution in the world of generative AI, Sora allows users to build realistic videos from simple text instructions, potentially providing businesses with another tool to transform operations, such as marketing.

What firms should know when looking to custodial independence for advisors

One of the biggest challenges that wealth firms face is providing their advisors with seamless access to custodial data. This is not just a technical hurdle, but a fundamental aspect of how WealthTech can empower financial advisors to better serve clients with utmost confidence.

Why firms should be bolstering their ESG data collection

Financial services have needed to put an increased focus on environmental, social, and corporate governance (ESG) over recent years and 2024 looks set to only add to this.

Insurity launches AI-powered solution to revolutionise decision-making for P&C insurance carriers

Insurity has launched an AI-powered analytics solution which it claims will revolutionise decision-making for P&C insurance carriers.

Harnessing data retention for enhanced AML compliance strategies

In the battle against money laundering, the significance of data retention in anti-money laundering (AML) compliance is often underestimated. It serves as a fundamental...

33% of finance leaders struggle with data utilisation amid recession fears

A Dun & Bradstreet report has highlighted challenges faced by leaders in finance sector organisations regarding the effective use of data.

US gears up for open banking revolution but why should wealth...

With the Consumer Financial Protection Bureau’s (CFPB) proposed changes to personal financial data rights, open banking could soon make its way to the US As firms in the country get excited about the development, should wealth managers be taking note?  

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