Tag: Risk management

Risk, finance and regulatory reporting have traditionally operated as separate functions across financial institutions. While this structure has allowed teams to develop specialised processes,...

For decades, financial institutions built their compliance programmes on one core assumption: risk could be assessed on a schedule. According to Saifr, customer due diligence...

Governance, risk and compliance have operated as three separate disciplines for decades, but GRC makes the case for running them as one connected system...

The collapse of FTX in November 2022 did not happen because rules were missing. Disclosure requirements were in place, and regulators in multiple jurisdictions...

Key views on AI productivity impact by function across FIs and FinTechs: The Cambridge Centre for Alternative Finance surveyed 203 FinTechs and 149 traditional...

Financial services firms can invest in sophisticated risk technology, but those systems will have limited impact if organisations continue to view risk primarily as...

Munich Re has acquired US cyber InsurTech At-Bay for $575m, strengthening its position in a market where insurers are increasingly combining cyber cover with...

Automated evidence collection has become a fixture of modern compliance programmes, pulling data from cloud consoles, identity providers, endpoint tools and code repositories on...

Compliance analysts are meant to be investigating risk and stopping fraud, yet much of their day is consumed by chasing documents and verifying paperwork....

Insurance has long relied on historical data to understand and price future risk. But a new analysis from Earnix, an insurance technology provider, argues...