Tag: operational risk

For EU-regulated firms, managing technology risk is no longer just sound practice. Under DORA, NIS2 and ISO 27001, it is a legal or contractual...

Every major risk pillar in banking has its own metric except one. Credit risk relies on probability of default (PD) and loss given default...

Compliance teams are under mounting pressure to deliver accurate regulatory filings against tight deadlines, even as data volumes swell across fragmented systems. According to ACA...

Artificial intelligence is no longer limited to automating simple, repetitive compliance and risk tasks. Across financial services, firms are increasingly using AI to conduct...

Financial institutions have spent years and vast budgets on market connectivity, wiring up new venues, expanding execution infrastructure and racing to ensure traders can...

Market-moving stories rarely break where most monitoring tools are looking. According to a new data-led guide from media intelligence firm Opoint, material events consistently...

Britain's financial firms have built their operations on a foundation of interconnected technology and outsourced services. That architecture has delivered speed and scale, but...

The Office of the Comptroller of the Currency (OCC) has set out a fresh package of measures aimed at easing unnecessary regulatory burden on...

Manual redress processes are coming under renewed scrutiny as firms respond to large-scale remediation exercises in the motor finance market. As the sector grapples with...

Traditional compliance change processes are quietly becoming a business risk. Many financial institutions say they spend up to 70% of their compliance time monitoring,...