IBM Services

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. Similarly, in the U.S.

Cybersecurity 78

Cybersecurity Regulations Banking Risk Management 78

Perficient Digital Transformation

MAY 30, 2024

Our banking risk and regulatory experts are excited to attend the upcoming XLoD Global event in New York on June 11th. The world’s leading financial institutions and regulators come together at XLoD to discuss the future of non-financial risk and control. What is XLoD Global?

Banking 52

Banking Risk Management Risk Management Regulations 52

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%

Cybersecurity 78

Cybersecurity Regulations Risk Management Risk Management 78

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 83

Cybersecurity Regulations Government Out-Tasking 83

IBM Services

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Service 59

Service Banking Cybersecurity Regulations 59

IBM Services

MAY 1, 2024

This allows companies proof of sustainability to drive customer loyalty and comply with regulations. Inventory management Generative AI models can continuously generate optimized replenishment plans based on real-time demand signals, supplier lead times and inventory levels.

Supply Chain Management 83

Supply Chain Management Inventory Management Risk Management Risk Management 83

Everest Group

MARCH 19, 2024

Read on to understand how this updated regulation will impact the industry landscape and rapidly transform critical areas. In today’s ever-evolving financial industry, the shift to T+1 settlement aims to enhance market efficiency, reduce counterparty risk, and align North American markets with global standards.

Banking 64

Banking Service Streamline Operations Risk Management 64

31 West

JANUARY 31, 2023

And when it comes to data, there’s one topic in the market that we can easily call the hottest these days. This is where data discovery comes into the picture – and why it’s such a buzzing topic among marketers today. That is the topic of data discovery. Why is data discovery important, you wonder? Let’s go through them here: 1.

Risk Management 130

Risk Management Risk Management Sourcing Regulations 130

Everest Group

MAY 21, 2024

Outsourcing actuarial services is emerging as a compelling long-term solution that enables insurers to maintain control and gain a strategic market advantage. These trends reflect the industry’s commitment to staying ahead in a competitive market.

Insurance 64

Insurance Outsourcing Flexibility Risk Management 64

IBM Services

DECEMBER 14, 2023

The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data. Consequently, these data breaches can rattle customer trust and the confidence of regulators. 

Cybersecurity 89

Cybersecurity Regulations Collaborations Payroll 89

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

Everest Group

MAY 19, 2022

Cyber insurers can benefit by partnering with service providers to seize opportunities for growth and profitability in this fast-growing market. Image 1: US insurance market pricing change – overall commercial vs cyber insurance segments. US cyber insurance market provides significant growth opportunities.

Insurance 52

Insurance Marketing Cybersecurity Engineering 52

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

FEBRUARY 13, 2024

Streamline workflows with personalized content creation, tailored product descriptions and market-ready copy. Many marketing and sales leaders acted rapidly and are already infusing generative AI into their workflows. Automate tedious, repetitive tasks. Garbage in, garbage out.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

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. These result in reporting and often financial obligations posed to the market participants. Higher market volatility and continuous price changes.

Risk Management 40

Risk Management Risk Management Regulations Finance 40

Intugo

MAY 31, 2024

Consider the local labor market and whether it can meet the demand for trained professionals in BPO customer support. Understanding local labor market dynamics and typical turnover rates in the industry can help select a stable workforce. Legal Stability: Includes intellectual property laws, labor laws, and business regulations.

Call Center 40

Call Center Efficiency BPO Labor Costs 40

Groove Technology

SEPTEMBER 3, 2022

Recruiting people from abroad is a great way to enter new global markets, and a global employer of record (EoR) can assist you in that endeavor. Recruiting people from abroad is a great way to enter new global markets. Your EoR partner must give you precise prices on these criteria because these employer constraints vary by market.

Payroll 130

Payroll Out-Tasking Administrative Accounting 130

Capgemini

DECEMBER 15, 2022

Instead, the behavior of financial products can be simulated by starting with a portfolio and then simulating the market behavior. In practice, expressing a market model as quantum data seems extremely difficult. Furthermore, the derivatives market in Europe alone accounts for a notional €244 trillion.

Risk Management 52

Risk Management Risk Management Regulations Analytics 52

Amzur

JUNE 7, 2023

Whether it’s sales, marketing, finance, or operations, NetSuite’s embedded analytics solution provides a centralized hub for discovering valuable insights that translate into tangible results. Conducting a comprehensive risk assessment is another vital step. Investing in training and education programs is also essential.

Finance 52

Finance E-Commerce Analytics Risk Management 52

Everest Group

FEBRUARY 26, 2024

This deal holds the potential to significantly impact the banking and financial services (BFS) IT services market and providers. Read on to learn the looming risks and what to pay attention to. Discussions about increased regulatory scrutiny are emerging, as even the regional banking market is at the cusp of such transactions.

Banking 59

Banking Risk Management Risk Management Marketing 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.

Regulations 64

Regulations Call Center Healthcare Analytics 64

Perficient Digital Transformation

JULY 10, 2023

But, as one of the most regulated and notoriously untrusted industries, the financial services industry is among the most vulnerable to being impacted by negative digital media, driving up its vulnerability to reputational risk. However, these reputational risk management (RRM) frameworks are still widely underdeveloped.

Service 40

Service Banking Risk Management Risk Management 40

Everest Group

MARCH 17, 2023

MGAs also are qualified to underwrite and bind coverage as well as perform customer support services, including policy issuance and claims management. Overall, more than 1,000 MGAs are in the US, and 250-plus operate in the UK, covering nearly 5-10% of the overall insurance market.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

NoonDalton

APRIL 29, 2024

billion, the AI in accounting market is projected to surge to $6.62 By recognizing intricate patterns, AI enables firms to forecast future financial trends and market dynamics, which are crucial for strategic planning and risk management. Currently valued at $1.56 billion by 2029, according to Mordor Intelligence.

Finance 52

Finance Accounting Cybersecurity Data Entry 52

IBM Services

FEBRUARY 13, 2024

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

IBM Services

JANUARY 30, 2024

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Healthcare: Support telemedicine and patient data analytics, requiring stringent compliance regulations.

E-Commerce 77

E-Commerce Analytics Manufacturing Flexibility 77

Magellan Solutions

MAY 2, 2024

The global BPO market is projected to reach $525 billion by 2030 , growing at over 9% annually. By tapping into labor markets in other countries, businesses can often find highly skilled workers at a fraction of the cost compared to domestic resources.

Offshoring 52

Offshoring Outsourcing Right-Sizing Call Center 52

Everest Group

MAY 24, 2023

The overall intermediary market is vast with nearly 500,000 licensed intermediaries registered in the US, according to the National Association of Insurance Commissioners (NAIC), and 12,000 insurance brokers registered in the UK. Insurance plans must be customized to address clients’ unique needs and risk profiles.

Insurance 52

Insurance Risk Management Risk Management Analytics 52

Offshore India Data Entry

NOVEMBER 16, 2023

They can handle core mortgage functions such as loan processing, underwriting, and customer relationship management at ease. This flexibility in resource allocation enables management to handle fluctuations in workload, such as market conditions, climate, weather, pandemic, etc.

Outsourcing 52

Outsourcing Out-Tasking Regulations BPO 52

NoonDalton

JULY 19, 2023

Compliance and Reporting: Ensuring all recruitment activities are compliant with industry regulations and providing detailed analytics and reporting on recruitment metrics. Adapt to Market Conditions: RPO providers are equipped to adapt to market changes and shifts in hiring demands more quickly than an in-house team.

Outsourcing 52

Outsourcing Reduced Overhead Right-Sizing Analytics 52

Avasant

APRIL 8, 2021

Meanwhile, the regulatory environment is increasingly complex, particularly for multinational companies , as they struggle to comply with sometimes conflicting regulations across regions. Risks have changed with a growing cloud environment and increasingly diverse IT service portfolio.

Service 52

Service Regulations Risk Management Risk Management 52

Sarah Holliman

DECEMBER 19, 2018

A supplier information management portal, for example, can be a “ central source of truth ” for third party relationships and provide all stakeholders with critical information. Consider the General Data Protection Regulation (GDPR) or blockchain technologies. Kearney, leading the marketing efforts for the A.T.

Sourcing 100

Sourcing Advisory Risk Management Risk Management 100

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

Since our launch in 2017 as a full-spectrum continuous risk monitoring solution, we have continually enhanced our framework to ensure that it aligns with changing market and client needs. They also lacked visibility into how changes in the ESG risk landscape could impact their organizations.

Management 72

Management Sourcing Risk Management Risk Management 72

Globalization Partners

MARCH 17, 2022

Yes, it can be scary navigating international waters, and there are lots of requirements and regulations to deal with, but there are also many solutions designed to make the process easier and smoother. Taping into global markets was once a logistical nightmare that put companies off the idea of expanding their horizons.

Regulations 98

Regulations Payroll Out-Tasking Risk Management 98

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

IBM Services

JANUARY 16, 2024

While high interest rates and inflation concerns are carrying over into the new year, financial services trends signal to prepare for major changes in real-time by staying up-to-date on all financial services-related matters, including in banking and capital markets sectors.

Service 51

Service Banking Risk Management Risk Management 51

Everest Group

MARCH 16, 2023

We believe this will start a domino effect impacting banking regulations, profitability, and technology spend. Banks’ risk management functions also will be scrutinized again. For example, only one of the seven members of SVB’s Risk Committee had risk management experience.

Banking 52

Banking Service Right-Sizing Risk Management 52