Tag: operational risk

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.

Bengaluru-based IBSFINtech, which provides a corporate treasury management solution, has partnered with Thomson Reuters.The FinTech said it has partnered with Thomson Reuters to power...