McKinsey and Company

DECEMBER 6, 2022

As the field of risk management evolves, the value proposition for employees has to evolve as well.

Risk Management 80

Risk Management Risk Management Management 80

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.

Risk Management 52

Risk Management Risk Management Management Banking 52

Everest Group

SEPTEMBER 14, 2023

Uncover the risks and learn recommendations to address them in this blog. Some of these additional risks can include: Underwhelming perceived value: Enterprises often do not have clear post-migration expectations, resulting in most enterprises being dissatisfied within a year or two of starting the cloud migration process.

Government 64

Government Finance Risk Management Risk Management 64

Sarah Holliman

DECEMBER 19, 2018

We don’t know what we don’t know, so it would be impossible to ever feel 100% prepared…but these three things can help sourcing professionals proactively address risk. . So what can you do? Consistency.

Sourcing 100

Sourcing Advisory Risk Management Risk Management 100

Sourcing Advisors Group

OCTOBER 27, 2020

Doing something for the sake of doing something has typically resulted in deep disappointment and increased complexity when firms finally resolve to address the self-inflicted challenges. Fourth : manage performance with proactive reporting, gap analysis and corrective action plan focused on both business users and vendors.

Risk Management 52

Risk Management Risk Management Efficiency Strategic Sourcing 52

McKinsey and Company

AUGUST 18, 2022

In the new inflationary environment, company leaders can protect their business and gain competitive advantage by deploying analytics-aided strategies.

Analytics 94

Analytics Risk Management Risk Management Management 94

McKinsey and Company

DECEMBER 23, 2022

Results from a new survey by McKinsey and IACPM reveal challenges and opportunities in new data techniques for credit portfolio management.

Analytics 90

Analytics Management Risk Management Risk Management 90

IBM Services

DECEMBER 4, 2023

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states.

Right-Sizing 95

Right-Sizing Risk Management Risk Management Regulations 95

Perficient Digital Transformation

APRIL 8, 2024

Addressing these deficiencies required a comprehensive approach, leading to the establishment of critical programs like the US Bank Holding Company (BHC) regulatory and comprehensive capital analysis and review (CCAR) program.

Banking 52

Banking Management Risk Management Risk Management 52

IBM Services

APRIL 12, 2024

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. The first post of this series addressed the challenges of the energy transition with holistic grid asset management.

Energy & Utilities 91

Energy & Utilities Risk Management Risk Management Engineering 91

IBM Services

MARCH 20, 2024

This is evident from emerging regulatory requirements and expectations in UK (Bank of England’s Critical Third-Party regime), Europe (Digital Operational Resilience Act)), Australia (APRA CPS-230 Operational Risk Management) and Canada (OSFI – Operational Resilience and Operational Risk Management), etc.

Cybersecurity 80

Cybersecurity Regulations Banking Risk Management 80

IBM Services

FEBRUARY 5, 2024

Envisioned to comprehensively address information and communications technology (ICT) risk management in financial services, DORA aims to harmonize existing regulations across EU member states.

Administrative 74

Administrative Risk Management Risk Management Out-Tasking 74

IBM Services

MAY 1, 2024

AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-making.

Supply Chain Management 67

Supply Chain Management Inventory Management Risk Management Risk Management 67

Paysquare

APRIL 30, 2024

AI-driven analytics provide real-time visibility into compliance status, which enables proactive risk management and continuous improvement efforts. iii) Regulatory Monitoring: AI facilitates proactive regulatory compliance management by continuously monitoring regulatory changes, industry trends, and compliance risks.

Government 52

Government Payroll Cybersecurity Regulations 52

Risk Guide

APRIL 24, 2023

However, the risks associated with AGI, such as unintended consequences or AI systems acting in ways that are not aligned with human values or goals, must be addressed. These risks demand a comprehensive risk management framework that requires a collective and coordinated approach from all stakeholders.

Risk Management 52

Risk Management Risk Management Collaborations Research 52

inDinero

SEPTEMBER 26, 2023

The Evolution of the CFO Role in SaaS Historically, CFOs were primarily responsible for financial reporting and risk management. Risk Management : A SaaS CFO must be well-versed in risk management and compliance. Strategic Financial Planning SaaS CFOs are at the forefront of strategic financial planning.

Finance 98

Finance Risk Management Risk Management Analytics 98

IBM Services

APRIL 19, 2024

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 94

Management Energy & Utilities Cybersecurity Risk Management 94

Perficient Digital Transformation

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Banking 52

Banking Risk Management Risk Management Cybersecurity 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. Tips for building a risk-aware culture With the adoption of these new SEC regulations, companies must be prepared to have a highly comprehensive incident response process.

Cybersecurity 81

Cybersecurity Regulations Risk Management Risk Management 81

IBM Business Partners

MAY 23, 2023

At the core of our cloud is the IBM Cloud Framework for F inancial Services™ , a comprehensive set of control requirements spanning 7 Focus Areas and 21 Control Families, designed by the industry to help address security requirements and regulatory compliance obligations of financial institutions.

Service 70

Service Administrative Risk Management Risk Management 70

Perficient Digital Transformation

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. The new federal risk guidance for banks does not remove the need for sound risk management. Introduction It’s not you. It’s the guidance.

Banking 52

Banking Management Regulations Risk Management 52

Perficient Digital Transformation

NOVEMBER 8, 2023

If you are challenged to address these issues, I recommend you start by looking at the following four key areas. Have you formulated a roadmap to address existing concerns? ” Stakeholder collaboration and communication Are you leveraging Change Management Services today to communicate with all stakeholders?

Co-Sourcing 52

Co-Sourcing Risk Management Risk Management Collaborations 52

Perficient Digital Transformation

DECEMBER 1, 2023

Immediately following the Silicon Valley Bank (SVB) failure, Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) swiftly analyzed publicly available documents, providing readers with a comprehensive breakdown of the bank’s failure.

Banking 52

Banking Insurance Regulations Risk Management 52

Everest Group

MARCH 19, 2024

Lead AI Change Management and Governance: Strong data governance can help address some of the concerns related to source attribution and confidence levels in data and foster trust in Gen AI outcomes. Recognizing and reinforcing Gen AI’s contributions can motivate the workforce, ensuring effective and sustainable AI integration.

Government 59

Government Advisory Risk Management Risk Management 59

IBM Services

FEBRUARY 22, 2024

With our long history of working with clients across the globe—and especially in highly regulated industries—we understand the unique requirements enterprises are facing and are prepared to help them address their emerging regulatory demands. In just a few years, we have helped some of the world’s leading banks transform.

Regulations 80

Regulations Cybersecurity Design Government 80

IBM Services

DECEMBER 4, 2023

In a new case study featuring IBM, Gartner talks about how to establish a governance framework to streamline the process of detecting and managing technology ethics concerns in AI projects. The Board recently published its point of view on foundation models addressing the risks that generative AI poses.

Government 82

Government Advisory Research Finance 82

IBM Services

DECEMBER 8, 2023

It’s important to hit every aspect of the supply chain and address risk throughout the entire business. Types of risk While risks will vary greatly from one industry to the next, there are a few commonly identified risks worth noting.

Risk Management 74

Risk Management Risk Management Insurance Cybersecurity 74

SIG Speaks

AUGUST 24, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Steve Williams provides a look through Johari’s Window, and how knowing what we know and don’t know can unlock our understanding of a company’s risk profile while supporting it through negotiated contracts and governance.

Government 40

Government Risk Management Risk Management Cybersecurity 40

Perficient Digital Transformation

MARCH 28, 2024

Outlining related disciplines like business planning, risk management, and project management. Information Systems Architecture: Addressing data assets, data modeling, storage, and management within the organization is vital for ensuring that information flows effectively and securely across the enterprise.

Government 52

Government Risk Management Risk Management Software 52

IBM Services

DECEMBER 14, 2023

IBM is supporting clients across industries in their cybersecurity journey by providing comprehensive security capabilities to help make it easier to simplify their risk management and demonstrate regulatory compliance postures. The KYOK capability from IBM allows Fortris to protect data end-to-end while at rest.

Cybersecurity 92

Cybersecurity Regulations Collaborations Payroll 92

SIG Speaks

OCTOBER 6, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Meshkat Rahman shares her systematic analysis of Reputational Risk with a methodical solution design process. This course gave a fruitful understanding of the in and out of reputational risk. The list will go on.

Risk Management 40

Risk Management Risk Management Advisory Management 40

Obobo

OCTOBER 25, 2022

Finally, supplier management software can help identify and address any issues that may arise between suppliers and customers. Strategic Importance of a Third-Party Risk Management System A third-party risk management system can significantly reduce the risks associated with supply chains and procurement.

Software 52

Software Management Risk Management Risk Management 52

IBM Services

MARCH 25, 2024

Developing a risk management strategy for insurance and other financial services In recent years, financial services firms have realized that they need a decision-making strategy that accounts for the implications of climate change. As a result, pension funds and other stock market investments might suffer adverse effects.

Insurance 95

Insurance Service Accounting Risk Management 95

IBM Services

APRIL 4, 2024

Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few. A third-party risk management review, where the ISV needs to describe how it is complying to required controls. Most of these new technologies are born-in-cloud.

Service 61

Service Banking Cybersecurity Regulations 61

Perficient Digital Transformation

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Control Testing and Gap Analysis: Evaluate controls to gauge their effectiveness in mitigating risks.

Inventory Management 52

Inventory Management Regulations Banking Government 52

IBM Services

OCTOBER 16, 2023

This is where AI governance comes into play: addressing these potential and inevitable problems of adoption. AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Government 77

Government Management Risk Management Risk Management 77

SIG Speaks

MAY 23, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Dallin Ingalls shares the inherent value that is associated with a strong third-party risk management framework. Third-party risk management creates "Vault-like" security for a company when it engages with a third party.

Risk Management 40

Risk Management Risk Management Banking Management 40