Obobo

DECEMBER 13, 2022

What is Third Party Risk Management? First, let’s start with understanding what risk management is. Risk management is the process of identifying, assessing, and controlling risks. Now that we have a general understanding of risk management, let’s talk about third party risk management (TPRM).

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Risk Management Risk Management Management Insurance 40

Obobo

JANUARY 12, 2023

What is Automated Vendor Risk Management? The use of technology to simplify and streamline vendor risk management processes has become a necessary part of business operations. Automated Vendor Risk Management (AVRM) is the practice of using technology to identify and mitigate third-party risks.

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Risk Management Risk Management Automation Management 40

SIG Speaks

MAY 11, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Nathan Coffet discusses the process of updating a Third-Party Risk Management program and the benefits it can have. Some highly regulated sectors have had to learn what works and what does not.

Risk Management 40

Risk Management Risk Management Management Out-Tasking 40

NoonDalton

APRIL 1, 2024

As companies face growing pressure to innovate faster and operate more efficiently, tech solutions outsourcing emerges as a key enabler, offering access to cutting-edge technology and top-tier talent while managing costs effectively. As the new millennium unfolded, the landscape of tech outsourcing expanded further.

Efficiency 52

Efficiency Outsourcing Cybersecurity Right-Sizing 52

Capgemini

NOVEMBER 22, 2023

What do recent changes to the UK’s AML regulations mean for your business? Patrick Stillman 10 November 2023 Facebook Twitter Linkedin Amended UK Money Laundering and Terrorist Financing Regulations (MLRs) came into force on 1 September 2022, the culmination of a consultation process begun last year by the Government.

Regulations 52

Regulations Finance Government Manufacturing 52

Risk Guide

FEBRUARY 7, 2022

Volumes have been written on the cause of the crisis the world is in, surveys have been done and many fingers are pointing in every direction—a couple of these are pointing straight at us, the Risk Professionals. It is time to renovate risk management. The basic Risk Management process cycle is one of those.

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Risk Management Risk Management Management Banking 52

SIG Speaks

APRIL 4, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.

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Risk Management Risk Management Government Management 40

IBM Business Partners

MAY 28, 2024

It supports the same security measures as data security but also covers authentication, data backup, data storage and achieving regulatory compliance, as in the European Union’s General Data Protection Regulation (GDPR). Data risk management To protect their data, organizations first need to know their risks.

Cybersecurity 71

Cybersecurity Regulations Government Out-Tasking 71

IBM Services

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. This allows companies proof of sustainability to drive customer loyalty and comply with regulations.

Supply Chain Management 83

Supply Chain Management Inventory Management Risk Management Risk Management 83

IBM Services

OCTOBER 30, 2023

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. million, representing a 15.3% increase from 2020.

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Cybersecurity Regulations Risk Management Risk Management 79

Everest Group

MARCH 19, 2024

This security trade rule change to shorten the order finalization date by a day is expected to enhance operational efficiencies and reduce risk. Read on to understand how this updated regulation will impact the industry landscape and rapidly transform critical areas. Reach out to discuss the topic with us.

Banking 64

Banking Service Streamline Operations Risk Management 64

Paysquare

APRIL 30, 2024

Introduction of AI-Powered Statutory Compliance Solution Integrating Artificial Intelligence with compliance procedures in a business has revolutionized the way that businesses and government operate – it makes them both effective and efficient. Through AI-powered systems, regulatory adherence becomes more efficient and effective.

Government 52

Government Payroll Cybersecurity Regulations 52

Everest Group

MAY 21, 2024

Outsourcing is a growing trend in the insurance industry to transform the actuarial function by reducing costs, creating innovation, increasing efficiencies, and filling the talent demand. Explore the factors driving insurers to partner with specialized service providers and the advantages and obstacles of actuarial outsourcing.

Insurance 64

Insurance Outsourcing Flexibility Risk Management 64

IBM Business Partners

MAY 14, 2024

Don’t be afraid to reframe accountability from simply conforming to regulations to stewarding the technology. The December 1, 2024 deadline to incorporate the minimum risk management practices to safety-impacting and rights-impacting AI, or else stop using the AI until compliance is achieved, will come around quicker than you think. .”

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Government Risk Management Risk Management Accounting 84

Paysquare

MAY 27, 2023

An EOR can take on the employer responsibilities for a company, managing all aspects of migration, joining and on-boarding, benefits administration, payroll management, compliance and risk management, employee query resolution, and exit management.

Management 52

Management Payroll Administrative Regulations 52

IBM Services

JANUARY 30, 2024

Get inspired A successful data center implementation can best be described as a distributed, dynamic, efficient and resilient IT nucleus. Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management.

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E-Commerce Analytics Manufacturing Flexibility 77

Automation Anywhere

NOVEMBER 17, 2020

GRC stands for governance, risk, and compliance. It’s a strategy for integrating an organization’s management of its governance, risk, and compliance initiatives with regulations. Ultimately, GRC allows a company to run efficiently by synchronizing people, data, and activities across divisions and departments.

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Robotics Process Automation Regulations Government Risk Management 97

Intugo

JANUARY 23, 2024

They understand your sector’s challenges, regulations, and best practices, ensuring more efficient and compliant service delivery. Ensure the outsourcing company adheres to international data protection regulations, maintains strict security protocols, and undergoes regular security audits.

Outsourcing 59

Outsourcing Nearshoring Call Center Flexibility 59

Intugo

AUGUST 3, 2023

Some of the functions associated with outsourcing human resources in Mexico include: Compliance The human resources department ensures your business complies with dynamic local, state, and federal employment laws and regulations. Efficient performance management tools Effective employee performance management is a fundamental component of HR.

Human Resources 52

Human Resources Outsourcing Payroll Risk Management 52

Perficient Digital Transformation

JANUARY 3, 2024

The COVID-19 pandemic prompted several unprecedented shifts in society, notably impacting the workplace and necessitating the adoption of innovative technologies that facilitate collaboration and efficiency in a work-from-home (WFH) environment. Reduction in inspection frequency from annually to every three years. Contact us today!

Service 52

Service Regulations Flexibility Risk Management 52

NoonDalton

APRIL 29, 2024

The integration of Artificial Intelligence (AI) in accounting and finance is revolutionizing the industry by automating complex processes and enhancing efficiency. By recognizing intricate patterns, AI enables firms to forecast future financial trends and market dynamics, which are crucial for strategic planning and risk management.

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Finance Accounting Cybersecurity Data Entry 52

Offshore India Data Entry

NOVEMBER 16, 2023

Mortgage processing experts help lenders scale up more quickly through efficient workflow handoffs and maximum mortgage processing. Training and hiring Mortgage entry deals with loan documentation, regulation checks, and lots of confidential information. Expert outsourcing services work on multiple shifts with good team strength.

Outsourcing 52

Outsourcing Out-Tasking Regulations BPO 52

Magellan Solutions

MAY 2, 2024

One popular tactic is outsourcing to other countries to make operations more efficient. Companies increasingly turn to offshore providers for talent, expertise, and cost-efficiency. You can find specialized expertise in your local market, enabling you to tackle complex tasks and projects more efficiently.

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Offshoring Outsourcing Right-Sizing Call Center 52

IBM Services

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. “Foundation models make deploying AI significantly more scalable, affordable and efficient.” ” Are foundation models trustworthy?

Government 75

Government Management Risk Management Risk Management 75

IBM Services

SEPTEMBER 18, 2023

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

Banking 75

Banking Regulations Design Risk Management 75

IBM Services

DECEMBER 15, 2023

Sustainability in business also provides organizations an opportunity to create more efficient supply chains that have a positive impact on the planet. Recycling programs, renewable energy sources, waste reduction and energy efficiency—all these things in theory can contribute to better environmental footprint.

Manufacturing 71

Manufacturing Advisory Regulations Sourcing 71

IBM Services

JANUARY 16, 2024

This coming year, emerging technologies, such as automation and efficiency, are expected to come to the forefront. Happening upon a hybrid cloud infrastructure doesn’t mean an organization is getting the greatest in efficiency, functionality or scalability.

Service 51

Service Banking Risk Management Risk Management 51

Amzur

JUNE 7, 2023

This promotes transparency, efficiency, and cross-functional alignment, leading to more effective decision-making and resource optimization. With NetSuite’s technology stack, CFOs can achieve greater efficiency, accuracy, and agility in their financial operations. Conducting a comprehensive risk assessment is another vital step.

Finance 52

Finance E-Commerce Analytics Risk Management 52

IBM Business Partners

MAY 17, 2024

And these technologies provide brands with intelligent tools, enabling more productivity and efficiency than was possible even five years ago. These capabilities can help businesses make informed decisions, improve operational efficiencies, and identify opportunities for growth. The

E-Commerce 65

E-Commerce Order Management Retail Automation 65

IBM Services

APRIL 4, 2024

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. BPM is intended to help improve the efficiency of existing processes, with the goal of increasing productivity and overall business performance. BPM is often confused with other seemingly similar initiatives.

Management 58

Management Automation Out-Tasking Inventory Management 58

Future of Sourcing

APRIL 7, 2023

In this series, Future of Sourcing is talking to practitioners, technologists and executives to get their insights and expertise on navigating current and future challenges impacting sourcing, procurement, risk and supply chain professionals. The specific requirements and timelines of these regulations will likely be clearer next year.

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Redistribution Regulations Risk Management Risk Management 59

Perficient Digital Transformation

SEPTEMBER 7, 2022

In my previous post, we looked at what the Three Little Pigs taught me about risk management. This requires faster, more efficient, and more intimate knowledge of our products and the risk benefit paradigm. That also means understanding and complying with the regulations for the full life cycle of our products.

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Regulations Call Center Healthcare Analytics 64

Everest Group

MAY 24, 2023

Partnering with service providers will help insurers overcome barriers and improve efficiencies. Insurance plans must be customized to address clients’ unique needs and risk profiles. Prioritize risk management: By gaining insight into customer risks, intermediaries can offer proactive risk management services.

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Insurance Risk Management Risk Management Analytics 52

Everest Group

FEBRUARY 26, 2024

If the Capital One merger clears antitrust regulations, the combined entity would become the sixth-largest US bank by assets and a leading card issuer and network provider for the US payments market. Operationally, underwriting, efficiency, risk management, and compliance enhancements will drive data and technology investments.

Banking 59

Banking Risk Management Risk Management Marketing 59

Paysquare

MAY 25, 2023

Managing payroll efficiently and ensuring compliance with ever-changing regulations are crucial aspects of running a successful business. However, the complexities and intricacies of payroll processing can be overwhelming, leading to increased risks and potential compliance issues.

Payroll 52

Payroll Outsourcing Regulations Banking 52

Everest Group

MARCH 17, 2023

MGAs are moderately capital efficient due to low setup cost, no legacy platform burden, quick monetization opportunity, and lean team setup. The major revenue streams for MGAs are commission paid by insurers, risk performance-based commission, and offering additional services like claim administration and inspection.

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Insurance Robotics Process Automation Risk Management Risk Management 52

Infosys Consulting

JULY 11, 2023

We will witness major disruptions specifically in the energy trading area, in the way to do business, government and international regulations and the changing use of technology. As the regulatory framework develops, increased amounts of data are required to be stored and reported to respective regulators.

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