Tag: risk assessment

Enhancing wealth management: The critical role of data purity in portfolio...

In today's financial world, wealth management requires a strategic, technology-driven approach. A Portfolio Management System is essential, according to WealthArc, an asset management software developer. 

AI-powered business data integration by Cytora and Veridion transforms insurance industry

Cytora, a leading digital risk processing platform, has announced a strategic partnership with Veridion, a specialist in AI-powered business data and market intelligence. This collaboration aims to bring a new level of efficiency and insight to the insurance market.

How to navigate CSRD and ESRS: Positioning your organisation for compliance...

Navigating the complex terrain of the Corporate Sustainability Reporting Directive (CSRD) requires a meticulous approach. The directive stipulates the necessity for assurance of an...

The future of underwriting: IntellectAI’s triumph with generative AI models

Research indicates that the Generative AI market is at a pivotal moment. According to Grandview Research’s Market Analysis report, the global generative AI market size stood at USD 10.14bn in 2022 and is poised to witness a compound annual growth rate (CAGR) of 35.6% from 2023 to 2030.

Why 89% of UK insurers demand a revolution in pricing technology

In the evolving landscape of insurance, there is a stark need for adaptation. The rampant shift towards digitalisation has impacted the very core of how insurers operate, but the data-driven wave hasn't been smooth sailing. Underwriters and actuaries, key players in the industry, voice discontent with contemporary processes.

Navigating the Future: Aviation’s Transformation through Insurance

The aviation sector, with its rich tapestry of innovations and challenges, has always mirrored the intricacies of our rapidly evolving world. From major incidents like 9/11 and the subsequent geopolitical challenges, to facing global health crises such as the COVID-19 pandemic and the growing demands of climate action, aviation has consistently proven its resilience.

Bridging the gap: The evolution of risk assessment in financial sectors

In a recent report by Acuminor, the company outlined how competent authorities enhance their risk assessment activities. 

ML and TF: The guide to safeguard your firm against financial...

RegTech firm Arctic Intelligence recently took the opportunity to provide a guide into assessing the impact of ML and TF on your firm. 

Mitigating financial crime: A closer look at adverse media screening

Adverse media screening has become an integral component in the finance industry, especially in relation to Anti-Money Laundering (AML) compliance. RegTech company Alessa recently...

Why AI has a transformative role in decoding beneficial ownership structures

The role of AI has ballooned in recent years, and the recent introduction of GenAI platform ChatGPT has seen the sector soar further.

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